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Payday Loans Vicious Cycle: Desperate Americans Turn to Advance America

A few years ago, her old car needed repairs which she couldn’t afford and, since she uses the car to take her epileptic daughter to the doctor, White became desperate.

“Things was tough. I needed money so, that’s what I had to do,” she said. “I wasn’t getting enough.”

White’s solution was one that over a million Americans have turned to: Advance America, the largest payday loan company in the United States.

It seems simple enough: Demonstrate that you have a job or a steady income, and Advance America will loan you money, for a fee of $15 per $100 borrowed.

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