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In contrast, participants who took out “very short term” products such as payday and deposit advance products were somewhat more likely to cite “I had a bill or payment due before my paycheck arrived” or that their general living expenses were consistently more than income than respondents who took out “short term” products, though unexpected expenses were also cited by about 30 percent of the “very short term” respondents.
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I got my loans consolidated to just $15 a month, because I work for a non-profit organization.
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