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Oklahoma Installment Loans Direct Lenders

California on verge of capping prices on installment loans

California lawmakers are poised to impose mortgage loan limit on customer installment loans after forging a compromise with the support of advocacy groups and some lenders.

The legislation passed a hurdle that is key if the state Senate’s banking committee, which had killed another rate-cap measure a year ago, voted 6-0 to approve it. A few committee people who voted in support of the balance also indicated misgivings about any of it.