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Hilton claims a problem faced by critics for the pay day loan industry is the fact that its allies within the economic industry are well-connected.

The monetary industry donated almost $345,000 to legislators within the last few election, or $1 of each and every $8 they raised, Morning Information analysis of campaign documents reveal. Which was the essential of any unique interest. Very nearly every legislator received some cash through the industry.

Something different that helped access by payday lenders, Hilton states, ended up being the election of just one payday lender to the Legislature. Former Sen. Sigue leyendo →

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