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Paycheck Lending Devastates Painful Sc Towns, Document Shows

The state discovered that payday financing companies focus on communities of coloration.

The business emergency of high-cost payday loaning got bad prior to the pandemic hammered Southern Carolinas economic system, and it’ll only come to be more serious relative to a brand new document introduced this week.

On mon, the sc Appleseed Legal Justice core published its report that will be annual In, extremely hard Out which diving in to the debilitating aftereffects of payday financing in Palmetto status.