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DFI spokesman George Althoff confirmed that some loans are not reported under pay day loan statutes.

DFI spokesman George Althoff confirmed that some loans are not reported under pay day loan statutes. Last year, Republican state legislators and Gov. Scott Walker changed the meaning of cash advance to incorporate just those designed for 3 months or less. High-interest loans for 91 times or higher — often called installment loans — are […]

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