1,000% loans? Scores of borrowers face crushing costs By Alain Sherter Final Christmas Eve, Virginia resident Patricia Mitchell borrowed $800 to greatly help make it through the holiday season. Within three months, she owed her loan provider, Allied advance loan, $1,800. A small lender in Laguna, New Mexico, reports that some customers come to him… Continue reading 1,000% loans? Scores of borrowers face crushing costs