Unfortuitously, some known people in Congress from Florida are protecting loan providers inside their competition into the base.

In just about any provided 12 months, 12 million Americans take down a quick payday loan, which regularly is sold with a triple digit interest rate that is annual. And, as four from every five among these borrowers aren’t in a position to afford these rates that are usurious millions wind up saddled with unsustainable financial obligation. But like a hydra that simply keeps regenerating, payday loan providers frequently spring right right straight back when…