7 ms·
Not that they're illegal in the other states, but upon closer inspection its states that still have small loan rate caps or usury laws. Further it's not that th
by Simulacra 8y ago
Not that they're illegal in the other states, but upon closer inspection its states that still have small loan rate caps or usury laws. Further it's not that the payday loans themselves are illegal, it's that exorbitantly high interest rates on those loans are illegal. Big difference.