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Maui Senator Tries Once Again To Reform High-Interest Payday Advances – Honolulu Civil Beat

Maui Senator Tries Once Again To Reform High-Interest Payday Advances – Honolulu Civil Beat

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Maui Senator Tries Once Again To Reform High-Interest Pay Day Loans

Hawaii presently enables loan providers to supply loans with yearly interest levels since high as 459 %.

There are many more payday lenders than 7-Eleven stores in Hawaii, based on an area economic solutions nonprofit. Their loans have been in sought after into the Aloha State, in which the expense of residing is sky-high and residents have actually the consumer that is second-highest when you l k at the country. Read more