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Six federal agencies are investigating online payday lenders. A half-dozen federal agencies are probing the practices of online payday lenders that target the poor. By Daniel Wagner. 11:12 am, August 8, 2013 Updated: 1:16 pm, August 11, 2014. President Barack Obama announces the nomination of former Ohio Attorney General Richard Cordray as the first director of the Consumer Financial Protection Bureau.
Manuel Balce CenetaThe Associated Press. In trouble from an online payday loan. You might not have to repay it.