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Once more, California Lawmakers Fail to Crack Down on Payday Lenders

Once more, California Lawmakers Fail to Crack Down on Payday Lenders Whenever phone bank worker Melissa Mendez, age 26, felt economically squeezed several months ago—“I had been quick on money and needed seriously to spend rent”—she stepped into a money 1 storefront in Sacramento and took down an online payday loan. The yearly rate of...