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Payday Loans Interest Levels As Much As 700 Percent

Loan Sharks and Pay Day Loan Shams Affiliation with Indian Tribes

Attorney General Frosh Argues in Court Against Payday Loan Industry tries to Skirt State Usury Laws States Argue Payday Lenders Can’t Create Sham Affiliations with A indian tribe to prevent State customer Protection Laws

BALTIMORE, MD (December 31, 2018) – Maryland Attorney General Brian E. Frosh todayjoined a small grouping of 15 state solicitors basic in opposing payday loan providers’ utilization of Indian tribes toskirt state laws and regulations protecting customers from excessive rates of interest along with other practices that are predatory. Weiterlesen