Uh-oh! Here we go with the next bubble.
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i would agree. the reason they dont is dumb congress (in the past) put max interest rates on these loans which made them unprofitable.
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This would be a nightmare
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@82% interest.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Change some rules: Millions of ppl can't get a bank acct or cash a check at a bank b/c they don't have the required ID ... but they have plenty sufficient ID to cash checks at payday loan/check cashing companies. And if THEY can cash a post-dated cheque why can't a bank?
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Are you Shitting me?... Compete with Payday by offering Higher Interest rates.
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