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Economy

Payday loans -- some Japanese can't live without them

New pay-advance services may be 'loan sharks circumventing the law'

More than 25% of Japanese workers who support their households have temporary jobs. One in seven households has no savings.

TOKYO -- It has been a tough ten years for 48-year old Masami Fujino since he lost his job as a regular employee at a Japanese food and beverage company. He had no savings to talk of and had to look for part-time jobs that paid by the day or week.

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