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The Weave Loan Store opens its doors and stirs huge beauty debate (VIDEO)

A celebrity gossip junky, Caroline Goddard has been writing entertainment news for longer than the world has known Kim Kardashian's name. Follow her on Twitter at @GoddardCaroline.

A new company providing loans for weaves unintentionally caused a lot of controversy

Beautiful hair can cost a pretty penny, but now one business wants to help you go into debt over it. Best or worst idea ever?

A good weave can run into the hundreds, or even thousands, of dollars, and that's a big chunk of change to lay out all at once. Enter The Weave Loan Store — sort of like a payday loan, but for your hair.

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Is this for real? Claiming to have a brick-and-mortar office supposedly located on 8 Mile in Detroit — made famous by the Eminem biopic as not exactly the ritziest of 'hoods — they don't list a more specific address but do give a phone number, which does work.

The company's video and pitch definitely made waves once people made their way to its Facebook page.

Black women are stupid to even go to this place. They don't even have a picture of you on the store that will loan you...

Posted by Felicia Kimber on Monday, May 25, 2015

Don't open this store... Its so dumb... Giving the white man something to laugh about.... A hair store loan... Wtf......

Posted by Desirae Lamone on Monday, May 25, 2015

I SUPPORT THE WEAVE LOAN STORE! People need to stop! It's a cool concept and well I like it. Now for the blacks that...

Posted by Nana Dansoa on Sunday, May 24, 2015

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But don't even think about defaulting on your weave loan, because they will snatch that hair right back, girl.

That's a joke. We think.

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They say the economy has all but recovered from the misery that was 2008, but there must still be a lot of people facing hard times if this business is really a thing. Is it really any different from a plastic surgery loan, though? Plenty of women finance breast augmentations and tummy tucks, so why not new hair?

Tell us: Would you finance your hair?

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