wrote an interesting post today on
Here’s a quick excerpt

Pay Day loans attract high interestDallas Morning News, TXIt’s mostly poor minorities — most of them single women — who are snapping up short-term, small-amount payday loans. Most of those loans carry an annual interest rate of 500 percent, according to a survey of 5000 borrowers in Austin, Dallas, …Texas Legislature: Report spurs new payday loan concerns El Paso Times all 2 news articles

Read the rest of this great post here

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