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Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.
CRL Issue Brief: 36% APR Cap on High-Cost Loans
From the Center for Responsible Lending:
A 36% APR cap on high-cost loans promotes financial recovery
Loans at 400% annual interest wreck family finances
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Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.
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