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Fallin Vetoes High-Interest Loan Bill Pushed by National Payday Lenders

In her own veto message, Fallin penned that the bill, which reflects a nationwide push from the payday financing industry for comparable legislation, would develop a high-interest item without limiting use of other cash advance items. “In reality, i really believe that a number of the loans produced by this bill could be HIGHER PRICED […]

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