Public Favors 36% Cap
Payday Lending
Twelve million Americans are trapped every year in a cycle of 400% interest payday loans. A 36% cap on annual interest springs the trap.
POPULAR TOPICS
Bailout
tax refund loan
predatory lending
debt trap
car title loan
subprime crisis
mortgage reform
title loans
financial literacy
refund anticipation loan
payday loan
rate cap
countrywide
Consumer Financial Protection Agency
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Center for Responsible Lending | 302 West Main Street, Durham, NC 27701 | (919) 313-8500
District of Columbia Office | 910 17th Street NW Suite 500, Washington, DC 20006 | (202) 349-1850
California Office | 1330 Broadway Suite 604, Oakland, CA 94612 | (510) 379-5500
© 2009 Center for Responsible Lending
District of Columbia Office | 910 17th Street NW Suite 500, Washington, DC 20006 | (202) 349-1850
California Office | 1330 Broadway Suite 604, Oakland, CA 94612 | (510) 379-5500
© 2009 Center for Responsible Lending
