The Hidden Expenses Of Poverty: Check Cashing, Payday Lending, & Other Scams
The Financial Confessions
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What Are Payday Loans?
LZ Granderson: payday loans are short term loans that are tied to a paycheck. He says the vast majority of people who use them can't pay them back on time. "It's a business that's causing its own growth with its exploitation," he says. 'Think about the generational poverty we're talking about, right? Because especially in these like oppressed communities'
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