The larger issue for payday lenders could be the overhead.

The larger issue for payday lenders could be the overhead. Alex Horowitz, the website research supervisor during the Pew Charitable Trusts, claims that on normal, two-thirds associated with the charges payday lenders gather are invested simply maintaining the lights on. The typical storefront acts just 500 clients per year, and worker return is ridiculously high. For example, QC Holdings, a …

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