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Then-Senator Elizabeth Dole, in a 2006 Senate Banking Committee hearing on payday advances, revealed a map with a huge selection of payday-loan shops clustered around armed forces bases.

DOLE: This training not just produces economic problems for specific soldiers and their loved ones, but inaddition it weakens our armed forces’s functional readiness. ZINMAN: and thus Scott and I also got the thought of really testing that hypothesis using information from armed forces personnel files. Zinman and Carrell got your hands on workers information […]

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