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Increase in Loans Connected to Vehicles Is Hurting Poor

Increase in Loans Connected to Vehicles Is Hurting Poor The lab professional, Caroline O’Connor, whom required about $1,000 to pay for her lease and electricity invoices, thought she had discovered a economic lifeline. “It had been a relief, ” she said. “I didn’t need to beg everybody else for the money. ” Her loan carried an interest that is annual of 171 per cent. Significantly more than 2 yrs and $992.78 with debt later on,…

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