Payday lending pioneer convicted in U.S. of racketeering scheme. Why can I save yourself for a rainy time?

Payday lending pioneer convicted in U.S. of racketeering scheme. Why can I save yourself for a rainy time? (Reuters) A Pennsylvania man considered a pioneer into the payday financing industry had been discovered responsible on Monday of participating in a racketeering scheme that aided investment companies that produced $688 million from short term installment loans to thousands and thousands of men and women. Charles Hallinan, whom prosecutors said owned and operated significantly more than a dozen payday financing [...]

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