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by WD-42
2236 days ago
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The article states that the majority of cases are for amounts less than $5k. We're not talking about student loans or mortgages here. This is the consumer finance industry. Predatory loans, high interest credit cards (but the perks!) and such. The companies behind these products thrive of keeping people in a cycle of debt. They aren't helping anyone and should probably be regulated out of existence. |
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