Pay day loans tend to be a resort that is last poor people. It doesn’t suggest they should be exploitative

Pay day loans tend to be a resort that is last poor people. It doesn’t suggest they should be exploitative Payday advances serve as a last resort for those who have bad borrowing history and small savings, holding punitive interest levels of 300% or even more on an annual foundation — a purchase of magnitude more than the costliest charge card. And...

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