Monetary Strain: Payday Loan Providers Herb Millions from Hoosier Communities
Monetary Strain: Payday Loan Providers Herb Millions from Hoosier Communities (UNDATED) In 2002, the Indiana standard set up granted payday loan providers a carve-out through the states rate of interest hats and criminal loansharking legislation, permitting them to charge up to 391 percentage APR on small, short-term financial loans. A brand new report co-authored by…
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