Are state interest-rate caps a automated victory for borrowers?

Are state interest-rate caps a automated victory for borrowers? Are state interest-rate caps a win that is automatic borrowers? Small-dollar, short-term loan providers, unburdened by way of a federal interest that is maximum, may charge borrowers rates of 400% or higher with their loans. But more states are bringing that quantity down by setting rate… Continue reading Are state interest-rate caps a automated victory for borrowers?