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Same day loan critics attack NFL lockout loans

Posted by jessicabolton18 , 18 May 2011 · 329 views

The average consumer-level same day loan comes with a 15 to 25 percent fee per $100 loaned. This amounts to $50 or $60 in most cases, which is hardly earth-shattering. According to Yahoo! Sports, now there's a high-dollar variant of such instant payday advances for disenfranchised athletes: the NFL lockout loan. Players out of cash as...

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