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Surge in loan-sharking feared as battle to relax usury restrictions looms
Toyoki Yoshida recalls the winter day in 2002 when he tried to hang himself with a leather belt after yakuza had hounded him for weeks to pay back ?500,000 he owed. The belt ripped as his neck strained the noose, and he survived. The loans, with interest rates as high as 5,000 percent annually, were among those Yoshida owed to 96 loan sharks ? some of whom had connections to organized crime.
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Government Doubles Interest Rate for Federal Student Loans -- Many Seek to Avoid Being Priced Out by Comparing Options ...
ATLANTA, Ga. -- via PRWEB - To the chagrin of many indebted students, the US government announced that its Stafford Loans will now be charged at an interest rate 50% larger than last year for all new borrowers ...
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Can you get your credit back on track?
Dear Debt Adviser,I was wondering if you can tell me ways to fix my credit, and if you are able to give me an idea of how long it would take. I have some debt and student loans (less than $10,000), but ...
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