Data-driven look at America's brutal, racist debt-collection machine

Although interest is sinful, loans are structured so the principal to be repaid overtime is higher – higher in an amount that’s curiously close to the present value of the principal + interest over time.

https://www.guidanceresidential.com/how-it-works?gclid=CP--hbbXxcwCFQwxaQod-W8LWA

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