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Ca trails in regulating lenders that are short-term. This bill could rein them in finally

Ca trails in regulating lenders that are short-term. This bill could rein them in finally

Ca trails in regulating lenders that are short-term. This bill could rein them in finally After many years of failed tries to rein in California’s that is“small-dollar, supporters of a bill to cap interest levels are hoping that the wider coalition of backers and a governor who has got spoken away against predatory financing could make a positive change. Assembly Bill 539, which may set a yearly rate of interest limit of 36% plus a 2.5% federal funds price on…

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