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The Hazards of Payday Loans


http://www.chs-law.com As the cost of living goes up, more and more people are turning to "payday" loans. San Diego business and bankruptcy attorney Carl Starrett recently appears on the KUSI television's Good Morning San Diego show to offer his opinion on these types of loans.

Channel: News & Politics
Author: chslaw

Length: 03:03
Rating: 5.0
Views: 2130

Tags: KUSI  Carl  Starrett  payday  loans  commentary  analysis  

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dsteitz1 (November 30, 1999 at 12:00 am)
I have discovered that 877-271-2850 is the best number to call for a payday loan.
pusaoso (November 30, 1999 at 12:00 am)
then dont apply for the loan if you think interest are high! its like using a debit card you pay to use your own money! some americans are stupid enough to pay for there own money then what they do is call customer service and complain about there transactions!!!!! hahaha
spades077 (November 30, 1999 at 12:00 am)
Really? Would you rather have a $39 NSF fee? You can get a $200 loan with that money that could pay for other bills. Think about it.
REALTORROY (November 30, 1999 at 12:00 am)
what does a person do if they have no choice? its sad
jopollak (November 30, 1999 at 12:00 am)
hey genius--interest rates are expressed annually. a two week loan at 15% is huge!
chslaw (November 30, 1999 at 12:00 am)
The $15 fee is only only for a 2-week loan.
phitau09 (November 30, 1999 at 12:00 am)
365% interest????????? This guy is just talkin out his ass making shit up. 15 dollar fee per 100 dollars is 15%. I take it this guy never got an A in math class

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