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Suit alleges loan loophole locks customers into debt

The storefronts glow from street corners and strip malls 24 hours a day in bright neon yellows and greens: “Payday loans,” “Title loans,” “Get cash overnight.” Sometimes situated next door to one another, payday loan businesses are increasingly ubiquitous. An Oct. 11 class-action petition filed in St. Louis County Circuit Court seeks to shed light on ...

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