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VIDEO:News

High Interest Loans Skirt Around Tough Laws

Description:Despite stricter laws, predatory lenders still dupe struggling Americans into high interest loans, leaving them in even worse shape. How can these practices be curbed? SVP for Public Affias at Advance America Jamie Fulmer and Senior Director of the NAACP Economic Department Dedrick Muhammed join Mike to debate. (4:13)

Source: HuffPost Live Highlights

Tags: budget , debt , high-interest loan , huffpost live

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