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Installment loans trap low-income borrowers with 182 percent interest rates

By Paul Kiel, ProPublicaThis story was co-produced with Marketplace. Listen to their coverage. One day late last year, Katrina Sutton stood at a gas pump outside Atlanta and swiped her debit card. Insufficient funds. But that couldn’t be. She’d been careful to wait until her $270 paycheck from Walmart had…

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