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

Column: Payday loan providers, recharging 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 in excess of 10%, how can payday lenders break free with rates of interest topping 400%? an amount […]