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Borrow $5,000, repay $42,000 — How super high-interest loans have boomed in Ca

Borrow $5,000, repay $42,000 — How super high-interest loans have boomed in Ca

JoAnn Hesson, sick with diabetes for decades, had been hopeless.

After medical bills for a leg amputation and renal transplant damaged almost all of her your your retirement nest egg, she discovered that her Social Security and tiny retirement weren’t enough which will make ends fulfill.

Because the aquatic Corps veteran waited for approval for a unique retirement from the Department of Veterans Affairs, she racked up financial obligation with a number of increasingly pricey online loans. Continue reading “Borrow $5,000, repay $42,000 — How super high-interest loans have boomed in Ca”