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In writing, this mathematics looks clearly problematic. However in practice, payday financing usually feels as though

In writing, this mathematics looks clearly problematic. However in practice, payday financing usually feels as though

a lifeline into the tiny amount of people whom borrow each year.

They’d need, either by borrowing from friends, getting an advance at work, or drawing on other resources in spite of the fact that most Americans do not have $1,000 in savings in the event of an emergency, many do have access to the cash. Payday loan providers, however, depend on those people who have neither the money nor the access — in other words., those who find themselves from historically and groups that are systemically marginalized. Continue reading In writing, this mathematics looks clearly problematic. However in practice, payday financing usually feels as though