Column: Pay check lenders, asking 460%, aren’t subject to Ca’s usury rules

Column: Pay check lenders, asking 460%, aren’t subject to Ca’s usury rules It’s a question I get requested much: In the event the California’s usury laws claims your own loan are unable to enjoys a keen annual interest of greater than 10%, how can payday lenders get away with interest levels topping 400%? Lots of …

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