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No payday lenders in Vermont. State law prohibits short term loans from having an interest rate higher than 24% and requires all lenders to be licensed in the state. Always wished other states would follow suit. Predatory lending can be devastating.

Because of course the company gave $3 million to support Trump telling a payday lending industry group that political donations granted better access to the president. 🫩 A Trump-appointed CFPB director rescinded most of the payday lending regulations in 2020.