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Exactly exactly How Payday Lenders devoted $1 Million at a Trump Resort — and Cashed In

Exactly exactly How Payday Lenders devoted $1 Million at a Trump Resort — and Cashed In

In the Trump Doral outside Miami, payday loan providers celebrated the death that is potential of rule designed to protect their clients. They couldn’t have inked it without President Donald Trump and their deregulator that is latest, Kathleen Kraninger.

by Anjali Tsui, ProPublica, and Alice Wilder , WNYC

Examining the continuing business of Trump

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In mid-March, the payday financing industry held its yearly meeting in the Trump nationwide Doral resort outside Miami. Payday lenders offer loans in the order of some hundred bucks, typically to borrowers that are low-income who’ve to pay for them right straight right back in only a matter of days.