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News and culture through the lens of Southern California. Hosted by Alex Cohen & A Martínez

ProPublica: How short-term loans turn into life-long debt

by Take Two

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AmeriCash Loans of Missouri is seen on Dec. 12, 2013 in St. Louis. High-cost lenders, like AmeriCash, exploit laws to sue tens of thousands of Americans every year. The result: A $1,000 loan grows to $40,000. Whitney Curtis/AP Images
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