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Low-Income Oregonians Report Heavy Debts

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When money gets tight, what do you do?  Payday and car-title loans are among the options that low-income Oregonians resort to, according to a recent report from the Center for Responsible Lending

Student loans, car loans, and credit card debt exert a crushing burden on people who make between $20,000 and $30,000 a year. 

The report includes input from several Oregon nonprofits, including Innovative Changes, which makes small loans itself.  Ezekiel Gorrocino of CRL and Rachel Stein from Innovative Changes are our guests.   
 

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The Jefferson Exchange is Jefferson Public Radio's daily talk show focused on news and interests across our region of Southern Oregon and Northern California. John Baxter is the senior producer, Angela Decker is the producer and Geoffrey Riley hosts the show.