What We All Can Learn from the Military’s Payday Loan Problem – DailyFinance

Jun 26th, 2014 Loans.

What We All Can Learn from the Military's Payday Loan Problem
Those $80 to $200 payday loans added up, along with the $50 in interest he'd pay to borrow $200 for five days. With an annual percentage rate on the loan of more than 200 percent, Knoll would post-date a check for $250 for a $200 loan that would be ...

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