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On the brink: Payday loans – Shreveport Times

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On the brink: Payday loans
Shreveport Times
A payday loan is a cash advance secured by a personal check or paid by electronic transfer is expensive credit. How expensive? Say you need to borrow $100 for two weeks. You write a personal check for $115, with $15 the fee to borrow the money.
Payday loans need a legislative solutionDesMoinesRegister.com

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