California Regulator: Lenders Getting off Short-Buck Loans to High-Notice Payment Financing

California Regulator: Lenders Getting off Short-Buck Loans to High-Notice Payment Financing California non-bank individual lenders is moving away from short-dollars brief payday loans and are generally, as an alternative, looking at stretched-identity payment financing with quantity more $2,five hundred to prevent interest rate limits, depending on the nation’s banking regulator. Depending on the Agencies out …

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