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Are state interest-rate caps an automatic win for borrowers?

Retrieved on: 2021-07-07 10:52:30

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Are state interest-rate caps an automatic win for borrowers?. View article details on hiswai:

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APR isn't an appropriate way to view the cost of a small loan, says Andrew Duke, executive director of the Online Lenders Alliance, which ... More than 80% of payday loans are taken out within two weeks of repaying a previous ...

Article found on: www.washingtonpost.com

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