A loophole in California Financing Law lets predatory loan providers charge almost any rate of interest for loans over $2,500, that is disproportionately harming the stability that is financial of groups of color. Assembly Bill 539, The Fair use of Credit Act would keep communities that are already vulnerable dropping further in to a period of poverty by capping rates of interest. California has to Fix the Loophole that Lets Predatory Lenders Rip individuals Off The typical percentage that is […]
