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| August 19, 2018

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State fines lenders for pushing borrowers into high-cost loans -

State fines lenders for pushing borrowers into high-cost loans

High-cost lender Advance America will pay refunds to hundreds of California customers after a state regulator accused the firm of charging illegally high interest rates topping 100%.

The action, announced Monday, comes a few months after the Department of Business Oversight took actions against…


L.A. Times – Business

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