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In the face of what some economists are now calling a recession, many low- and middle-income Americans are turning to payday lenders, creditors who offer short-term, small-sum loans to desperate consumers. The catch? These lenders generally charge exorbitant interest rates that can trap borrowers with loans they often can't repay. picked by dollyllama 6 months ago tags payday lenders legislation christians conservatives usuary loans bible belt |
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