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predatory

Mar 5, 2015

Arizona House adopts bill to OK new loans for payday lenders

The Arizona House passed a bill Wednesday that allows payday lenders to offer a new product with more than 200 percent interest, despite voters barring them from operating in the state under a 2008 initiative.

Mar 25, 2014

AARP, other groups, fight lending bill they say could be predatory

AARP, which lobbies for the interests of older Americans, is mobilizing the coalition that defeated the payday lending industry six years ago in its new fight against a proposal that would allow lending firms to collect the maximum interest charge on a bigger loan.

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