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Usury is pernicious at best, but government-endorsed usury lite helping people in dire financial straits is flat out repugnant. There is just no justification for participation in this vile activity. Government-sanctioned usury lite is still hurtful to the downtrodden. There is never a valid reason to do the wrong thing. The NCUA through their proposed changes to the payday advance loan regulation is simply trying to justify doing the wrong thing by doing only a little less evil.

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