Let me make it clear on how gov’t is designed to protect low-income users of ‘payday’ loans WASHINGTON (AP) — Each month, a lot more than 200,000 needy U.S. households simply just take out what is marketed as being a loan that is brief. Numerous have actually come to an end of income between paychecks. So that they have a “payday” loan to tide them over. Issue is, such loans can frequently bury them in fees and debts. Their bank…