Thought Predatory Brick-and-Mortar Payday Lenders Were a Thing of the Past?

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by Chris Black

Infused with billions in EIDL and PPP money, the big banks that backed classic strip mall style payday loan stores simply rebranded as cool, bugman-friendly one word names like Klarna, Affirm, and Afterpay.

And like many in 2020-2021, Jewish banks traded their shuttered payday loan offices for a cushy permanent remote work gig, but this time with far more egregious credit terms than ever before.

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