Dec 16
Eager for money, numerous in U.S. using high-interest ‘payday’ loans
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CLEVELAND — As hundreds of lots and lots of US home owners fall behind on the mortgage repayments, a lot more people are embracing short-term loans with extreme rates of interest, simply to make do.
While difficult numbers are difficult in the future by, proof from nonprofit credit and mortgage counselors shows that the amount of individuals making use of these alleged “payday loans” keeps growing given that U.S.
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