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

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Column: Payday loan providers, billing 460%, aren’t subject to California’s usury law It’s a concern We have expected a whole lot: If California’s usury law claims a unsecured loan can’t have actually a yearly rate of interest of significantly more than 10%, just how do payday lenders escape with interest levels topping 400%? lots of […]