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Home » Store » Taxable » State Anti-Abuse Laws Working, CRL Study Finds

State Anti-Abuse Laws Working, CRL Study Finds

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Do anti-predatory lending laws lead to lower prices for borrowers? A new study by the North Carolina-based Center for Responsible Lending suggests the answer is “yes.” “We find that state laws are working well to prevent predatory lending, but that’s not all. State laws also allow subprime credit not targeted by the laws to flourish without increasing interest rates,” said the CRL in an executive summary of its study, entitled “The Best Value in…
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