The revival of the FMF grant program is part of a wider effort by the Trump administration to push US weapon sales and persuade foreign nations to “buy American.”
High-cost loans — with annual interest rates ranging from about 30 percent to 400 percent or more — can turn a $1,000 loan into $40,000 of debt.
Five years ago, Naya Burks of St. Louis borrowed $1,000 from AmeriCash Loans. The money came at a steep price: She had to pay back $1,737 over six months. “I really needed the cash, and that was the only thing that I could think of doing at the time,”