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Federal lawmakers seek to reduce cash advance prices from 400% interest to 36per cent

Federal lawmakers seek to reduce cash advance prices from 400% interest to 36per cent Tens of millions of Us americans are looking at high-cost loans that regularly carry interest levels greater than 400% for everyday costs, such as for instance spending their bills and emergency that is covering. For a lot of, those prices end up being simply way too high and result in a apparently endless financial obligation period. But that could soon alter. This week, five people in ... Chi tiết
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