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Iowa payday loan providers beware: The fresh new rules are on their way

Iowa payday loan providers beware: The fresh new rules are on their way Last year, Iowa's payday loan providers approved more $220 mil simply speaking-title fund - charging the typical yearly rate of interest greater than 260 %. Critics complain that those sky-highest interest levels was proof of Iowa's lax credit statutes, which condition legislators provides consistently derailed work so you can cover costs that assist consumers. According to the proposals disclosed Thursday by User Economic

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