When Trudy Robideau needed to finance a car repair, she decided to take out a payday loan. When she couldn’t afford to pay it back after the loan expired, she had to take out another one. She described the experience as being hooked: “You can fee...
Tag: financial literacy
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When Trudy Robideau needed to finance a car repair, she decided to take out a payday loan. When she couldn’t afford to pay it back after the loan expired, she had to take out another one. She described the experience as being hooked: “You can fee...