The Streets Of R-Ado

The Streets Of R Ado

I felt like a spy within my own company. It was a hot summer day in 2003 and I was at the DaimlerChrysler proving grounds in Laredo, Texas to attend a focus group on the upcoming 2006 Mercedes-Benz R-Class minivan/crossover/sport touring wagon. My dozen or so fellow attendees were all wealthy owners…

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1-In-4 Americans Turn To Payday Loans & Other High-Cost Financial Products

1 In 4 Americans Turn To Payday Loans & Other High Cost Financial Products

(Belinda Hankins Miller)

When discussing the topic of payday loans — or other high-cost, short-term financial products like auto-title loans and check-cashing — there can be a tendency to treat them like something that only a small percentage of Americans use. But a new report from the FDIC confirms that 25% of us have turned to one of these potentially predatory services in the past year, and that this rate has not been going down.

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