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    Friday
    Oct092009

    Nope, this isn’t usurious at all

    DateFriday, October 9, 2009 at 2:28PM

    (sigh)

    “I was caught in a debt trap,” said Patricia Nelson, a 64-year-old Waukesha, Wis., retired nursing home worker who said she ended up paying $2,700 in interest on a $550 loan from payday lenders.

    Source: Obama pushes consumer protection agency - Consumer news- msnbc.com


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