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Quick money with a catch: how loans that are payday destroy everyday lives

Quick money with a catch: how loans that are payday destroy everyday lives

WGN Investigates

CHICAGO — for the people residing paycheck to paycheck — or actually anybody looking for that loan to have by until that next paycheck — a short-term loan or pay day loans since they are called, can appear to be a life-line. Nevertheless, a WGN research discovered those organizations promising cash that is quick with a large catch of crippling rates of interest and a huge selection of complaints aided by the bbb.