Class actions against payday lenders reveal just exactly how Just how has this choice really impacted consumers? A few situations in Florida involving lenders that are payday just just how devastating it is been. In Florida, making that loan having an interest that is annual above 45 % is recognized as “loan sharking,” and it is a criminal activity. This is certainly, unless the legislature passes a statutory legislation making an exclusion, which it did for pay day loans in […]
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