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Are Payday Loans Really as Evil as People Say?

OK, so that would seem to be good news for the payday industry, yes? Maybe a big bill popped up unexpectedly, maybe you need to fix something on your car, or rent a moving truck to relocate for work. At first it seems like easy money. But some economists see them as a useful financial instrument for people who need them. Please know that all loans require some form of credit verification.

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