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RSS FeedsBorrow $5,000, repay $42,000 - How super high-interest loans have boomed in California
(LA Times Clippers)

 
 

19 january 2018 17:37:16

 
Borrow $5,000, repay $42,000 - How super high-interest loans have boomed in California
(LA Times Clippers)
 


Over the past decade, loans with interest rates topping 100% have exploded in popularity as struggling households - typically with poor credit scores - have found a new source of quick cash from an emerging class of online lenders.


 
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