Earthbeat's Eclectic Wanderings: Broke, Down, and Exploited

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Thursday, April 24, 2008

Broke, Down, and Exploited

Recently I got a brochure in the mail telling me I was pre-approved for a pay-day loan to the amount of $250. All I had to do was provide a copy of my last paycheck stub. No credit checks, no hassles. Except for the interest rate, that would have been in the neighbourhood of about 500% per year.... Sign in to see full entry.

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