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Cassidy: Silicon Valley needs to push back against payday lenders

Cassidy: Silicon Valley needs to <a href="https://cartitleloansplus.com/payday-loans-ak/">https://cartitleloansplus.com/payday-loans-ak/</a> push back against payday lenders

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Sarah G. Portales currently has her New Year’s resolution: forget about payday advances.

You understand payday loans, right? You get down seriously to a neighbor hood storefront for typically a two-week loan that accompany just just what amounts to an enormous rate of interest. And undoubtedly it’s unlikely you’ll be able to pay the thing back, so you take another loan with another sky-high fee attached to pay the first loan — and pretty soon you’ve got real trouble since you were desperate enough to take a payday loan in the first place.

“Now I realize it is a cycle,” says Portales, 51, a mother that is single struggled to obtain 16 years as a custodian at San Jose State.

I met Portales at San Jose City Hall, where City Council users have reached minimum speaing frankly about reining in a nagging problem that the Legislature has neglected to deal with for decades. The town’s work is preliminary, child actions actually, but energy is building in Silicon Valley to take for a sector regarding the financing world which includes flourished amid the fantastic Recession and beyond. […]

Which concern often helps a writer analyze a prompt and develop a claim for an argumentative essay?

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