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Jennings works with Family Means, a non-profit offering financial, bankruptcy and debt education services to people in Western Wisconsin and parts of Minnesota. He says payday loans are difficult to pay back and. times a year, per.
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Professor Chapman said the government’s plan for students to pay interest on loans up to 6 per cent – depending on the government. UWS is particularly concerned that this will place additional financial burdens on students, and it will.
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