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Rates of interest reach nearly 700per cent in certain states as debate over just how to manage payday advances continues

Rates of interest reach nearly 700per cent in certain states as debate over just how to manage payday advances continues In a few states, interest levels on pay day loans reached almost 700%. In Texas, borrowers paid an average of 662%. In Nevada, that quantity ended up being 652%, as well as in Kansas 391%. […]