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24 hour payday loans fast and easy evidence from a field trial of several disclosures designed specifically to warn of the risks of reborrowing and the costs of reborrowing showed that these disclosures had a marginal effect on the total volume of payday borrowing.
In addition, the Bureau notes that various State, local, and tribal jurisdictions may define “payday loans” in ways that may be more or less coextensive with the coverage of the Bureau's proposal.
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