Demand for high-interest payday loans soars in Minnesota
Call it predatory lending. Or call it financial service for the neediest. Either way, more Minnesotans are turning to high-interest payday loans and other services outside the mainstream banking system, controversial enterprises that operate through a loophole to dodge state restrictions.
Source: minnpost.com
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- crush8 said: Loan Sharking is a criminal enterprise - this is no different.
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