Pay day loans are when you look at the cross hairs with this 12 months’s ballot. Proposition 111 would restrict interest levels to 36 % on loans which are often advertised as quick-fixes or one-time discounts for emergencies. But customer advocates state which is usually far from the truth. Borrowers can end in a vicious period when, not able to spend down financing, they increase it, which costs them a lot more. The.. Read More