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Tax filers who do not take the standard deduction on their federal income tax forms. local support for payday. cap loan interest rates at 28.
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Easy Money, Impossible Debt: How Predatory Lending Traps. – Feb 27, 2013. Payday and title lenders prey on low-income and impoverished people at their time of greatest need. Low-income families and individuals pay effective annual interest rates of 456% for payday loans and 300% for title loans. Cierra Myles had an income of only $39 per week through child support.
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