payday loans

Payday Loans

White House sees ‘moral obligation’ to halt payday loans

WASHINGTON — White House officials have joined faith leaders in endorsing an end to payday lending abuses that often charge triple-digit interest rates. Valerie Jarrett, Cecilia Munoz and Jeff Zients, all top aides to President Obama, met Thursday (April 14) with religious leaders from across the country who described “heart-wrenching stories”

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