Payday lenders have found a powerful friend in the Pew Charitable Trusts. In a recent report on payday lending -- the culmination of two years of work -- Pew embraces reforms to this industry that would still allow the poorest Americans to be charged annual interest rates in the triple digits.
http://www.demos.org/blog/10/31/13/pews-appalling-thumbs-payday-loans-129-annual-interest
::Union Paradise®
Yen slumps to fresh 34-year low as Bank of Japan stands pat with no sign of
intervention
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The Japanese yen fell to a fresh 34-year low versus the U.S. dollar after
the Bank of Japan left monetary policy unchanged and gave little indication
that ...
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