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Orange County, in particular, has become an epicenter for payday loan growth, with 145 storefronts mostly clustered in low-income With the growth of the payday loan market, lawmakers, regulators and consumer-rights groups nationwide have increased scrutiny of the industry, yet Last month, the industry won a key battle over a state bill that would have capped the number of loans a borrower could take out each year and extended repayment periods – changes some lenders say would have virtually killed payday lending in California.
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