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Florida Bulldog

Tag: Fort Benning

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    4429 SEEN

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    On Victory Drive, soldiers defeated by debt

    By Paul Kiel, ProPublica and Mitchell Hartman, Marketplace
    Seven years after Congress banned payday-loan companies from charging exorbitant interest rates to service members, many of the nation’s military bases are surrounded by storefront lenders who charge high annual percentage rates, sometimes exceeding 400 percent.

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