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Listen "#11 Payday loans"
Episode Synopsis
Siphoning money out of poor communities and communities of color takes a serious toll on the economy. Money that could be spent building up local businesses or investing in communities is instead directed to neverending fees. For people who find themselves in desperate or emergency situations, a payday loan can seem like a lifesaver. The reality is that these lenders trap their customers in an unending cycle of debt.
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