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Lawmakers push 36% cap on payday loan interest

Arizona Capitol Reports Staff//January 12, 2007//[read_meter]

Lawmakers push 36% cap on payday loan interest

Arizona Capitol Reports Staff//January 12, 2007//[read_meter]

Republicans quickly moved this week against what is perceived to be the predatory nature of payday lending. Sen. Chuck Gray, R-19, filed a bill placing a 36-percent cap on interest...

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