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Westland woman had 350% rate of interest on $1,200 loan — and it is allowed by a loophole

Westland woman had 350% rate of interest on $1,200 loan — and it is allowed by a loophole Karl Swiger could not think just just exactly how their 20-something child somehow lent $1,200 online and got stuck with an interest that is annual of approximately 350%. «When we heard I thought you can get better …

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