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California advances bill to cap consumer loan interest rates – KCRA Sacramento

SACRAMENTO, Calif. —The California Senate advanced legislation Friday to cap interest rates for consumer loans, a measure that supporters say is designed to blunt predatory lending practices. The bill would cap consumer loan interest rates at 36 percentage p…

SACRAMENTO, Calif. —The California Senate advanced legislation Friday to cap interest rates for consumer loans, a measure that supporters say is designed to blunt predatory lending practices.
The bill would cap consumer loan interest rates at 36 percentage p…
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