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CRL update documents surge in online lending despite state reforms By Charlene Crowell New research from the Center for Responsible Lending (CRL) finds that in just one year – 2022 – cash-strapped borrowers took out over 20 million predatory loans totaling nearly $8.6 billion. The triple-digit annual percentage rates (APRs) and high costs attached to […]
The post 20 million predatory loans drained over $2.4 billion from consumers appeared first on North Dallas Gazette.
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