exactly exactly exactly exactly How spend day loan providers display rates that are crippling

exactly exactly exactly exactly How spend day loan providers display rates that are crippling

For Us citizens struggling in this economy, an advance for a paycheck are a lifeline. These improvements – also referred to as pay day loans – have bee a fast-growing online businesses, with almost $11 billion lent away final year.

The funds frequently es with crippling rates of interest, as CBS Information chief investigative correspondent Armen Keteyian discovered with this report together with the middle for Public Integrity.

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