Predatory lenders prey on consumers by providing quick cash loans with punishingly high interest rates and fees, making them all but impossible to pay back. In California, there is no limit to the interest rate that can be charged on loans of more than $2,500, and the majority of these loans carry an APR of more than 100%.
By sharing your story, you are helping us fight against predatory lenders and protecting others from falling into this debt trap.
By sharing your story, you are helping us fight against predatory lenders and protecting others from falling into this debt trap.
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