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 Payday Loan - Wikipedia DefinitionSan Francisco City Lawyer Dennis Herrera is on the goal to ensure each and every American who's been incurred illegitimately excessive charges for Payday loans by Dollars Mart and Loan Mart be made overall. ''People were being priced around 400 pct Annual Percentage Rate, or Interest rate, on payday loans they received due to experience that was their only method,'' Herrera stated last week ranking facing a Money Mart office in down-town S . Fransisco. ''We intend to make sure we''re achieving as many people as they can in order that they have the opportunity, should they think they''ve been abused, to produce a claim for getting refund for attention and costs they've already settled wrongfully because of Moneymart''s deceptive lender routines.''
 

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