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12 Million Americans Use Payday Lenders

Data from The Pew Charitable trusts shows that more than 12 million Americans use payday lenders each year. In 2010 alone, a total of $30 billion in loans was made. It's becoming a cycle so that two-thirds of those who signed up end up taking seven or more loans per year. http://goo.gl/F8Pw2d

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