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Payday loan provider price limit fizzles. The California Assembly’s Banking and Finance Committee

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June 5, 2021 7:24 pm | Leave your thoughts

Payday loan provider price limit fizzles. The California Assembly’s Banking and Finance Committee The California Assembly’s Banking and Finance Committee on Monday dramatically weakened a bill that will have slashed rates of interest charged on payday advances. Assemblyman Dave Jones (D-Sacramento) stated their bill to cap interest at 36per cent per year would manage all...

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