Online lenders charging triple digit interest rates are dodging state laws banning such loans. The money is routed through banks that aren't regulated at the state level to get around the rules.
Read more on NPR
Wednesday, 13 November 2019
loobobilly News: How Some Online Lenders Dodge State Laws To Charge Triple Digit Interest Rates
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Online lenders charging triple digit interest rates are dodging state laws banning such loans. The money is routed through banks that aren't regulated at the state level to get around the rules.
Read more on NPR
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