But as #JarodFacundo writes for *#TheAmericanProspect*, quoting Monica Burks from #CenterForResponsibleLending, a loan is a loan even if it's with a computer: "The industry is trying to create a new definition for a loan in order to exempt themselves from existing consumer protection laws… When you offer someone a portion of money on the promise that they will repay it, and often that repayment will be accompanied with fees or charges or interest, that's what a loan is."

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