Category Archives: payday loans tucson

Column: Payday lenders, charging 460%, aren’t subject to California’s usury legislation

Column: Payday lenders, charging 460%, aren’t subject to California’s usury legislation It’s a question I get questioned a lot: When the California’s usury rules says an unsecured loan are unable to possess an enthusiastic yearly rate of interest of greater than ten%, just how can payday lenders pull off rates of interest topping 400%? Numerous […]