A bill that is proposed label the loan providers†triple-digit interest rates as „solution charges,“ assisting the organizations overcome state regulations designed to prohibit outlandish rates of interest.
Under attack from disgruntled customers, unhappy state regulators and consumer advocates who compare these with loan sharks, cash advance providers are attempting to find a predicament legislation to guard their really profitable business in Florida. Continue reading “Cash advance providers try to find security in Tallahassee, solution costs.”