As more Californians borrow at triple-digit interest levels, will the continuing state crack down on ‘predatory lending’?

As more Californians borrow at triple-digit interest levels, will the continuing state crack down on ‘predatory lending’?

Unlike 38 other states, billing a triple-digit interest on numerous customer loans is appropriate in Ca.

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By Ben Christopher, CALmatters

Elishia Benson currently knew the havoc a rate that is high-interest could wreak on a banking account. She had lent before, including from payday lenders, which lawfully will offer no more than just $255. [详细]