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Payday Lenders - What Are They?
Payday loans are typically very small magnitudes. Theyish very short term, typically two weeks, very high interest, and they are unsecured. The reason it flourished is because typical commercial banks and other traditional sources of credit wouldn't want to lend to the customers that went for payday loans. So i thought it would be interesting to write about and think about him bring that to the class room.