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pay day loans – they are little, short-term loans often called payday loans.

pay day loans – they are little, short-term loans often called payday loans. STACEY VANEK SMITH, HOST: They may be fabled for having actually high rates of interest, like 300 to 400 % in many cases. CARDIFF GARCIA, HOST: Payday loan providers usually are a type or type of loan provider of last resource. So