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

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

Unlike 38 other states, charging you a triple-digit rate of 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 loan providers, which lawfully could possibly offer no more than just $255. Read more