bait

The Truth About Payday Lending: How hard-working Coloradans take the bait and get caught in a cycle of debt

Type: Issue Brief
Published Date: February 15, 2008
Author: Nicholson, Isabel

This report analyzes data from the Colorado attorney general and explains how payday lending harms working families. The report explores other options and shows that other states and the Department of Defense have applied restrictions to make the loans more fair.

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