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Couldn't believe this


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I saw this while browsing news sites earlier

 

http://www.bloomberg.com/news/2012-10-25/banks-pushing-into-small-loans-compete-with-payday-shops.html

 

What really stood out was this

 

The consumer bureau has said traditional payday loans can carry annual interest rates as high as 521 percent

 

How much! They got it easy :-x

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