The exemption ended up being scheduled to sunset in July 2010, from which time lenders that are payday simply be in a position to charge a 36 % APR.

Table1. Prices on pay day loans and Regulations to manage Payday Lending State Interest Rate+ reputation of Meaningful Legislation to manage Payday Lending Arizona 36 percent* Has eradicated the Payday Debt Trap Through APR Limits California 426 per cent No regulation that is meaningful of Lending Colorado 214 per cent Has Implemented Reforms that Limit but Try not to eradicate the Payday...
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