chelsgranb chelsgranb
  • 19-06-2021
  • Business
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Which of these is a sign that you’re dealing with someone engaged and unfair lending

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smartparadogirl
smartparadogirl smartparadogirl
  • 19-06-2021

Answer:

One of the biggest warning signs of predatory lending is high, three-digit interest rates. For example, rates of 400% APR are typical on payday loans and car title loans. However, some lawmakers seek to cap interest rates at 36% to keep loans affordable for borrowers.

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