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Component II: Cash Advance Research. If you repay the mortgage making use of their next paycheck, an online payday loan may be a boon.

CBS Information Investigative Producer Laura Strickler published this whole story for CBSNews.com with extra reporting from Lauren Zelt. However some customers have stuck. Listed here is exactly just how dilemmas will start: a client requires money that is extra removes a normal $300 advance to their paycheck along side 15% interest at $45. But a …

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