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The Indy Explains: Lawmakers push for further guidelines on high-interest payday advances

The Indy Explains: Lawmakers push for further guidelines on high-interest payday advances In Nevada, its perfectly legal to have a loan with an intention rates of 521 %. Although the quantity seems outrageously higher to anybody familiar with normal banking institutions and loans, that three-digit interest is truly the amount that is average on “payday […]