A Lancaster County district judge on Thursday dismissed a lawsuit seeking to keep a payday lending measure off the November ballot.
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Payday loan interest-rate cap for unemployed? – SACRAMENTO Payday lenders typically offer cash advances … on payday loans covered by unemployment checks to 36 percent. Federal law already caps the interest rate for the military at 36 percent.
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A few states now ban payday loans entirely. That hasn’t stopped some criminals from targeting cash-strapped military personnel with so-called advance-fee loans. Borrowers are told that they are …