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Merkley presents bill to break straight down on payday loan providers

WASHINGTON – Senator Jeff Merkley and Reps. Suzanne Bonamici and Elijah Cummings introduced the Stopping Abuse and Fraud in Electronic (SECURE) Lending Act Tuesday, directed at cracking down on a number of the worst abuses associated with lending that is payday, especially in online payday lending, and protect customers from deceptive and predatory practices that strip wealth from working families. Continuer la lecture