1,000% loans? Scores of borrowers face crushing costs

1,000% loans? Scores of borrowers face crushing costs April 25, 2016 / 5:58 AM / MoneyWatch Last xmas Eve, Virginia resident Patricia Mitchell borrowed $800 to aid complete the holiday season. Within 3 months, she owed her lender, Allied advance loan, $1,800. On the other hand for the nation, Marvin Ginn, executive manager of Native …

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