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Saturday, October 3, 2009

The Poorer You Are, The More Things Cost

An article from the Washington Post sheds some light on a day in the life of D.C.’s low-income population. The original article has a section about pay-day lenders and why poor people are willing to pay up to 800% APR interest when they have no other alternative.

Essentially, you "have to be rich to be poor."

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