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Date sees what he calls “the small-dollar credit problem” as one that can be largely solved by better data, which can then give lenders an incentive. banks have no interest in banking the kind of p.
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Board members are: The Legislature is trying to improve payday loans. By doubling the amount that can be borrowed. By extending the term. By allowing consumers to take out more loans each year. It may.
Compare Types of Loans for Bad Credit. There is a range of financial products that can help people with some form of adverse credit rating. There’s no single "bad credit loan".
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If just a small fraction of those amended & extended loans are ultimately bad debts, then GSY could be in breach of its credi.