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Then there are the default rates for credit cards where interest rates are above 30%, plus legal fees, collection fees, and a whole system of machinery designed to keep a debtor in debt for life.

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John Egelkrout
John Egelkrout

Written by John Egelkrout

I am a sanity-curious former teacher who writes about politics, social issues, memoirs, and a variety of other topics. You can also follow me on Substack.

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