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House eyes cap on high-interest, quick-cash loans

Story date: 2007-10-20 09:01:00
Added on: 2007-10-21 01:00:23


Union Leader - Since Oregon recently passed a 36 percent interest rate cap, he said, "Every single payday lender and title lender in the state are shutting their doors and turning in their licenses." Banking Commissioner Peter Hildreth supports the interest rate cap ...


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