Labor & Economic News Blog
Monday, October 01, 2007
Payday Loan Interest Rates Capped at 36 Percent
Payday Loan Interest Rates Capped at 36 PercentNPR audio:
A new federal law bans predatory lenders from taking advantage of military personnel and their families. Check-cashing stores around military bases often charge annual interest rates of 300 percent. But the new law caps interest at 36 percent for loans to active-duty military and their families.
<< Blog Home
Labor & Economic News Blog
-
The Institute for Research on Labor & Employment Library Labor and Economic News (RSS Feeds)
- Blog Home
- Subscribe to Posts
- Organizations Cited
- IRLE Labor Blog Digest
- Archives
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
August 2009
September 2009
October 2009
November 2009
December 2009
January 2010
February 2010
May 2010
July 2010
August 2010
September 2010
October 2010
November 2010
December 2010
January 2011
February 2011
March 2011
September 2011
November 2011
February 2012
March 2012
April 2012
May 2012
June 2012
July 2012
August 2012
September 2012
October 2012
November 2012
January 2013
February 2013
March 2013
April 2013
May 2013
July 2013
August 2013
September 2013
October 2013
November 2013
December 2013
January 2014
February 2014
April 2014
May 2014
June 2014
July 2014
August 2014
September 2014
October 2014
November 2014
December 2014
January 2015
February 2015
March 2015
April 2015
May 2015
June 2015
July 2015
August 2015
September 2015
October 2015
November 2015
January 2016
February 2016
Compiled by Janice Kimball and the staff of the IRLE Library
- Send suggestions to: thuwe@library.berkeley.edu
eNews