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1,000% loans? An incredible number of borrowers face crushing costs

1,000% loans? An incredible number of borrowers face crushing costs Final xmas Eve, Virginia resident Patricia Mitchell borrowed $800 to assist make it through christmas. Within 3 months, she owed her loan provider, Allied advance loan, $1,800. On the reverse side for the nation, Marvin Ginn, executive manager of Native Community Finance, a little loan …

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