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UK to cap 'payday' loan rates

Mon 25 Nov 13 | 11:40 AM ET
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UK to cap 'payday' loan rates

Mon 25 Nov 13 | 11:40 AM ET
Matthew Lawrence, a research fellow at the U.K.'s Institute for Public Policy Research, discusses a forthcoming law to cap the astronomic interest rates lenders can charge on so-called payday loans.
 
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