State called too friendly on high-interest discounts
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Utah laws and regulations are among the list of friendliest in the country for incredibly high-interest “car name loans, ” based on a study that is new the buyer Federation of America.
Which comes following a Deseret Morning Information series this past week stated that Utah guidelines likewise are being among the most lax nationwide for also-high-interest “payday loans” — that has helped attract more payday loan shops right here than 7-Elevens, McDonald’s, Burger Kings and Subway shops combined. Continue reading