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Tend to be Payday Advances Actually because Bad as Folks State?

Tend to be Payday Advances Actually because Bad as Folks State?

With yearly rates of interest around 400 per cent, pay day loans are known as exploitative by experts. But the business claims those prices tend to be needed. And almost 90% of consumers tend to be happy clients. (picture: stallio)

Our newest Freakonomics broadcast event is called “Are payday advances truly because bad as folks state?” (You can sign up to the podcast at iTunes or somewhere else, have the rss, or tune in through the news player above.)

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