“You’re Already Approved”: How One Tennessee Company Sets a Debt Trap
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Source: ProPublica
Published: 2025-06-26 19:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Tax & Budget, World News, Business & Economy
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Snippet:
Jeanette Thomas had just made her first payment on a loan from payday lender Advance Financial when she said the company emailed her with “good news.” She could borrow $206 more.
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