This settlement is a component of a wider effort by the DBO to break down on small-dollar loan providers recharging exorbitant interest levels in breach of state usury restrictions

This settlement is a component of a wider effort by the DBO to break down on small-dollar loan providers recharging exorbitant interest levels in breach of state usury restrictions State limelight In 2018, states proceeded to just take aim at payday lenders through ballot initiatives, legislation and AG actions to fill any recognized gaps within… Continue reading This settlement is a component of a wider effort by the DBO to break down on small-dollar loan providers recharging exorbitant interest levels in breach of state usury restrictions