Many people are able to spend high prices to obtain tiny, short term installment loans.

Many people are able to spend high prices to obtain tiny, short term installment loans. States and metropolitan areas are fighting the expansion of payday-loan workplaces, that provide loans against workers' future paychecks. The Chicago City Council, for instance, passed a measure at the beginning of November needing special town permission to open up payday-loan shops. And Cook County State's Atty. Richard Devine's workplace has sued one Chicago-area payday-loan company, saying it illegally harassed clients to obtain them to pay for...

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