High-Cost Payday Loans

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In these tough times, so-called payday loans are more popular than ever. As Hattie Kauffman reports, these short-term loans come with a growing move to cap these rates.

August 27 2010 07:33 am | Loans

2 Responses to “High-Cost Payday Loans”

  1. AnnaBella510 on 27 Aug 2010 at 7:33 am #

    These people prey on the people in the poor communities. Take a drive into a poor neighborhood and you will see a Liquor store and a payday loan store. It’s always better to borrow from a family member or get an advance from your employer or Bank than to borrow money from one of these predatory lenders. These people should be ashamed of themselve and everyone who works there.

  2. Asiablue on 27 Aug 2010 at 7:33 am #

    Isn’t capitalism wonderful?

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