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Profiting from recession, payday loan providers spend big to fight legislation

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Profiting from recession, payday loan providers spend big to fight legislation Industry actions up lobbying as Senate grapples with financial reform Introduction The influential $42 billion-a-year lending that is payday, thriving from a rise in crisis loans to individuals struggling through the recession, is pouring record sums into lobbying, campaign efforts, and advertising – and ….  Read More