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Special Report: Vicious period of payday advances poses risk for low-income borrowers

Special Report: Vicious period of payday advances poses risk for low-income borrowers

That price is not only morally unpleasant, nonetheless it’s additionally far more than necessary so as to make crisis credit accessible to individuals in need.

Latoya S. sits at her desk searching through overdue bills. Since 1998, she’s taken out close to 20 payday that is short-term. (Picture by Marlita A.