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#171306
Tue 02 Jul 2013 01:15:PM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,903 |
A payday lender who charges 296% on loans said the APR figure came from a "complicated formula" and "never kicks in" as customers repay their loans within days. Source: VIDEO: Payday loan lender explains 296% APR
David Cottle
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