As more Californians borrow at triple-digit rates of interest, will the state crack down on ‘predatory lending’?
Unlike 38 other states, billing a triple-digit interest on numerous customer loans is appropriate in Ca.
By Ben Christopher, CALmatters
Elishia Benson currently knew the havoc a high-interest price loan could wreak on a banking account. She had borrowed before, cash advance virginia including from payday loan providers, which lawfully could offer a optimum of just $255. But four years back, she felt ...