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

1,000% loans? Millions of borrowers face crushing costs Final xmas Eve, Virginia resident Patricia Mitchell borrowed $800 to greatly help make it through the holiday season. Within 3 months, she owed her loan provider, Allied advance loan, $1,800. A small lender in Laguna, New Mexico, reports that some customers come to him seeking help refinancing …

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