The Daily Breeze posted As more Californians borrow at triple-digit interest rates, will the state crack down on ‘predatory lending’? The Daily Breeze West Torrance - Torrance:

As more Californians borrow at triple-digit interest rates, will the state crack down on ‘predatory lending’?

Unlike in 38 other states, charging a triple-digit interest rate on many consumer loans is legal in California. In the state’s rapidly growing market for “subprime” consumer credit, terms like a 11…

As more Californians borrow at triple-digit interest rates, will the state crack down on ‘predatory lending’?
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