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Need $100 fast? These lower-cost loans can help.

Por: CBS News Business May 25, 2023

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Half of Americans can't afford an unexpected expense, so what happens when they need a car repair or their job sends them home early for a week? For millions, the answer is often a high-cost payday loan that usually carries an exorbitant interest rate.But better options are now available after years of advocacy from consumer groups and new federal rules. Some large banks now offer small-dollar loans at rates far cheaper than payday loans.... + full article



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