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Among agencies which were zealous in pursuing predatory payday loan providers is the Vermont workplace regarding the Attorney General.

Even though the state never permitted high-rate loans, legislators in 2012 made unlawful payday advances a breach of this state customer Protection Act.

What the law states could be the strongest within the country as it stretches loan that is payday to associated loan events, such as for example debt collectors. It really provides the lawyer general’s workplace a more substantial hammer with which to get after online payday lenders.

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