Payday loans are a highly contested form of consumer lending. Advocate groups fight to protect them while consumer groups work to limit or eliminate them completely. Currently,
12 states have laws that either ban payday loans or have strict lending laws which make them unprofitable in the state. Their payday laws have been compiled into one infographic, created by loans.org.
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Irma Wallace
Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.