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Payday lending: the loans with 350% interest and a grip on America – The Guardian

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The Guardian

Payday lending: the loans with 350% interest and a grip on America
The Guardian
Drive down the main streets of the more depressed cities in America, and you probably won't encounter the logos of Bank of America, Wells Fargo or JPMorgan Chase. Instead, you'll be bombarded by signs that read more like demands: Instant Loans Here!

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