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"...growing number of payday loan stores...key warning signs many in the city are becoming poorer..."


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I've railed against these damned payday loan and checkcashing establishments here before; the "poor man's credit card," they specifically target those who can least afford to use them, then charge them exorbitant "interest' rates to use their services. It's a vicious cycle of repaying the loan, then having to take another loan to make ends meet until the next payday.

Proliferation of lending stores a signal people are poorer Report; United Way is calling on Ontario governmen