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Workplace Loans Gain In Popularity

Shorebreak   |     |   4,118 posts since 2010

Now there is a new game in town. It’s called “workplace loans” but in many cases they should be called “company store loans.” Workplace loans have very high interest rates, as much as 165% per year, and are repaid directly out of wages.

Workplace Loans Gain in Popularity - Yahoo Finance