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A low, low interest rate of 396 percent

Story date: 2007-12-14 09:01:00
Added on: 2007-12-14 09:39:16


CNN Money - NEW YORK (CNNMoney.com) -- At the East Side Organizing Project in Cleveland, six home owners recently went in for group foreclosure counseling. When asked if any had taken out payday loans, four hands shot up. A payday loan is a small-dollar, short ...


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