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Payday lenders throw millions at powerful politicians to get their way

CNNMoney

Payday lenders are spending millions of dollars in Washington in an attempt to stop the government from cracking down on the industry.
And it appears to be working.
Since the beginning of 2013, high-cost loan providers and those with ties to the industry have spent more than $13 million on lobbying and campaign donations to at least 50 lawmakers, according to a new report from the nonprofit Americans for Financia ...

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