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Cities Eye Payday Advances — Interest Levels Around 600 %

Cities Eye Payday Advances — Interest Levels Around 600 %

During the period of years, Liz Fritz’s mom, now 79, took down four payday advances totaling $1,580. Yearly rates of interest ranged from 539 % to 645 per cent. For security, she utilized her personal Security check, her source that is only of.

“It had been therefore obvious that she didn’t have the amount of money,” stated Fritz, 53, a previous San Antonio commercial estate broker that is real.