New caps on payday loan interest rates
September 30th, 2010Under new rules, payday lenders won’t be able to charge more than 99 percent interest for the most expensive loans. Josh Lederman has more on how this will affect short term borrowers. Medill News Service/Northwestern News Network Related PostsPayday Loans Pros and ConsPayday Loans Pros and Cons Payday loans have pros and cons, just like [...]