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Title loans, payday lenders, what’s the difference?

October 2, 2008 | Alabama, customers, industry, media coverage, personal finance, states | Comments (0)

This reporter in Alabama doesn’t think there’s any distinction:

Only, Wall Street firms aren’t being dunned over the phone by bill collectors in Bangalore or pawning their car titles at a payday loan store.

We know the Alabama education system stinks but this is ridiculous.  

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