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The Broadcast Committee of Advertising Practice (Bcap), the body responsible for writing the rules for TV ads, is already looking at the content of payday loan commercials.
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The average annual percentage rate of interest on a Missouri payday loan was 422 percent in 2006, with 391 percent being the most frequently occurring ($100 for two weeks with a $15 fee). In 2004, rates were documented as high as 1,278 percent. http://fazy-luny.ru
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