A website promoting their payday loan services is seen on Thursday, March 26, 2015. The Consumer Financial Protection Bureau has announced plans for regulations to crack down on payday loans which have the potential to trap consumers in an endless cycle of debt. Payday loans are short term loans at high interest rates that make it difficult for borrowers to pay back, hence the borrower must refinance the first loan. (© Richard B. Levine)


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Location: new york ny usa north america
Photo credit: © Richard Levine / Alamy / Afripics
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