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Ryan's District  > RD Today > Business News > "Pay day" loans exacerbate housing crisis (Reuters)
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« on: March 24, 2008, 06:01:20 AM »
"Pay day" loans exacerbate housing crisis
    (Reuters)

 

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A foreclosed home in Chicago is seen in this January 28, 2008 file photo. (John Gress/Files/Reuters)" border="0
Reuters - As hundreds of thousands of American
home owners fall behind on their mortgage payments, more people
are turning to short-term loans with sky-high interest rates
just to get by.</p><br clear="all"/>


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« on: March 24, 2008, 06:01:20 AM »
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