07Feb
A written report by state of Tennessee discovered more than half of all of the payday lenders had been noncompliant with present laws
A written report by state of Tennessee discovered more than half of all of the payday lenders had been noncompliant with present laws However the legislation won't protect title loan providers for the county. According to one high-ranking Montana specialized, "many" subject lenders decide to stay unlicensed, which subjects such debts to mention usury lawsA—a crude max of 15 percent APR. "[I]t is rather sure the majority of, if not all, of those [unlicensed concept] loan providers were charging rates [...]