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• a  (used of loans) charging a relatively large percentage of the amount borrowed

• Non-whites comprise only 9% of the high-interest group but 19% of the low-interest group.
• If you're experiencing a cash crunch awaiting your paycheck, there are better alternatives to the high-interest payday loans.
• One popular tactic: increasing the attractiveness of a high-interest loan for, say, a car or home improvement, by stretching out the permissible payback time from perhaps three .

• low-interest

News & Articles

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• Turkey's economy is vulnerable
  By Hugo Dixon LONDON (Reuters) - Tayyip Erdogan seems to like the concept of "choking" things. At the weekend, Turkey's prime minister sent riot police into an Istanbul park with tear gas and water cannons to clear out the protesters. A week earlier, he had threatened to "choke" an alleged "high-interest-rate lobby" of speculators who wanted to push interest rates up and suffocate the economy ...
  June 18, 2013 - Reuters via Yahoo! News
• Column: Turkey's economy is vulnerable
  By Hugo Dixon LONDON, June 17 (Reuters) - Tayyip Erdogan seems to like the concept of "choking" things. At the weekend, Turkey's prime minister sent riot police into an Istanbul park with tear gas and water cannons to clear out the protesters. A week earlier, he had threatened to "choke" an alleged "high-interest-rate lobby" of speculators who wanted to push interest rates up and suffocate the ...
  June 18, 2013 - Reuters via Yahoo! News
• Banks Balk at Proposed New 'Payday' Loan Rules
  Large banks are pushing back against regulators' plans to toughen rules on short-term, high-interest consumer loans, the Wall Street Journal reports.
  June 17, 2013 - Los Angeles Business Journal

Quotes

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• Arnold Schwarzenegger in Bloomberg
  While some states may be able to absorb a delay or obtain high-interest financing through private banks, California is so large that our short-term cash-flow needs exceed the entire budget of some states,Schwarzenegger wrote.
• Morris Davis in Washington Post
  There was a big concern that the election of 2008 is coming up,Davis said. "People wanted to get the cases going. There was a rush to get high-interest cases into court at the expense of openness."