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

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

Unlike 38 other states, recharging an interest that is triple-digit on numerous customer loans is appropriate in California.

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By Ben Christopher, CALmatters

Elishia Benson https://speedyloan.net/installment-loans-oh currently knew the havoc a high-interest rate loan could wreak on a banking account. She had lent before, including from payday loan providers, which lawfully will offer at the most just $255. […]