Sep
23
2008
All eyes on payday lending struggle in Ohio, Ariz. (AP via Yahoo! Finance)
Posted by: admin in Payday Loan, tags: Ariz, Ballot Issue, Consumer Advocates, Excerpt, Interest Rates, Issue Campaigns, Payday Loan Industry, Quick Loan, Struggle, Two States, Yahoo, Yahoo Finance wrote an interesting post today on
Here’s a quick excerpt
The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.
Read the rest of this great post here
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