Column: Payday loan providers, recharging 460%, aren’t subject to California’s usury law

Column: Payday loan providers, recharging 460%, aren’t subject to California’s usury law It’s a concern I have expected a great deal: If California’s usury law states a unsecured loan can’t have actually a yearly interest of significantly more than 10%, just how do payday lenders break free with rates of interest topping 400%? a number […]

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