The 182 Percent Loan: How Installment Lenders Put Borrowers in a World of Hurt

One day late last year, Katrina Sutton stood at a gas pump outside Atlanta and swiped her debit card. Insufficient funds. But that couldn’t be. She’d been careful to wait until her $270 paycheck from Walmart had hit her account.

via The 182 Percent Loan: How Installment Lenders Put Borrowers in a World of Hurt – ProPublica.

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