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Pay day loans can become debt traps!

Pay day loans are meant to be short term loans but for many they can become a never ending cycle of debt. Watch this video from the Consumer Financial Protection Bureau (CFPB) to learn how pay day loan can become debt traps and what the CFPB is doing to regulate the pay day loan industry. https://www.youtube.com/watch?v=2PATJPkj4sw
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