California regulators want to seize Cash America Advance’s license, alleging the storefront lender duped customers into taking out installment loans with triple-digit interest rates. The California Department of Business Oversight, in a legal accusation filed late last month, said Cash America...
Similar Stories to Storefront Lender Accused Of Pushing Customers Into Taking Out Big Loans Without Interest Rate Caps on Bing News
James Rufus Koren, Los Angeles Times: Business
Mon, 09/17/2018 - 2:50pm
BING NEWS:
- High Interest Rates Are Hitting Poorer Americans the Hardest
High interest rates haven’t crashed the financial system, set off a wave of bankruptcies or caused the recession that many economists feared. But for millions of low- and moderate-income families, ...
05/14/2024 - 12:39 am | View Link - What Forecasters Say About Interest Rates (and Why They Disagree)
Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.
05/13/2024 - 8:00 pm | View Link - Biggest winners and losers from the Fed’s interest rate decision
“The Federal Reserve will hold interest rates steady until they’re comfortable with the trajectory of inflation,” says Greg McBride, CFA, Bankrate chief financial analyst. “Right now they are not ...
05/1/2024 - 7:01 am | View Link - More
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