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News: Chinese students use brutal loans to buy Apple products

Posted on January 1, 1970 by

More than 20,000 college students in the Chinese city of Wuhan have taken out high-interest loans in the past year to buy high-end electronics — mostly Apple products — according to a report. From Jan. 2012 through Feb. 2013, these loans totaled about $25.7 million in value, with about 90 […]

Read the original post by Phil Dzikiy

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