Column: California’s usury law caps financing costs. Bizarrely, really loan providers try exempt
Column: California’s usury law caps financing costs. Bizarrely, really loan providers try exempt “We observed,” she told me, “the attract energized exceeds what appears suitable for California’s usury law,” and that caps the latest allowable rate of interest to possess individual loans at 10%. I get requested seem to about California’s usury legislation. It’s an …