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Ca on verge of capping prices on installment loans

Ca on verge of capping prices on installment loans

Ca lawmakers are poised to impose mortgage limit on customer installment loans after forging a compromise with the help of advocacy teams plus some loan providers.

The legislation passed a hurdle that is key if the state Senate’s banking committee, which had killed another rate-cap measure just last year, voted 6-0 to accept it. Continue reading

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