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Kendrick Perkins' Nilly: Predatory Payday Loans for College Athletes?
10 months ago
43
Kendrick Perkins, co-founder of Nilly, is facing scrutiny for his company's business model, which offers upfront payments to student athletes in exchange for a significant cut of their future earnings. Is this payday loan for college athletes predatory? With contracts locking players into seven-year agreements, are these young stars being taken advantage of?
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