By Tom Dresslar, Special to CALmatters
The buck level of loans manufactured in 2017 by non-bank lenders in Ca – $347.2 billion – surpassed the whole output that is economic of states. Yet, state policymakers for many years have ignored this market that is massive.
California’s lending that is payday framework is feeble. The 2002 law ranks as you associated with the nation’s weakest, and significant ambiguities into the statute’s language and legislative history have already been interpreted to prefer industry and harm customers’ passions. Read more »