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Bill would crack down on payday lenders

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Uploaded by on May 28, 2009

Wisconsin lawmakers are proposing some protection for people who are looking for quick cash and resorting to payday-type loans. Lenders say the proposal would put their stores out of business. FOX 11's Lou Hillman has both sides.

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  • Why banks and credit unions can give low income college students an unsecured credit card without a job?

    you tell me that.

  • Regulations hurt the consumer. It drives up prices of lending alternatives and provides the consumer with fewer and more expensive options.

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