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While Baltimore sues a money-lending app for preying on the poor, Maryland makes it easier for such apps to do so
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While Baltimore sues a money-lending app for preying on the poor, Maryland makes it easier for such apps to do so
Baltimore didn’t pull any punches when it announced last month the city was suing the company behind an app called MoneyLion that promises interest-free cash advances to get you a portion of your pay early. “Not only is that wrong, it’s illegal,” Mayor Brandon Scott declared, discussing the city’s allegation that the app charges fees …
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