Why Elizabeth Warren Is Battling Florida’s Payday Lending Model; Lenders Collect Billions Through The Poor

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U.S. Sen. Elizabeth Warren, D-Mass., talks at a meeting in Washington, D.C., 8, 2015 july. Picture: Jennifer Graylock/Getty Images People of Congress whom oppose tighter federal laws on short-term, high-interest-rate loans have actually pointed to Florida’s looser rules as a better alternative. The real question is, better for who? A fresh report through the nonprofit Center for accountable Lending (CLR) …