New state legislation limits payday, other “Debt Trap” loans. Nixon: Payday Lenders Are Circumventing Law

New state legislation limits payday, other “Debt Trap” loans. Nixon: Payday Lenders Are Circumventing Law Marketing Graphic of the predatory lending agreement. Due to Ca Ebony Media On Oct. 10, Gov. Gavin Newsom finalized Assembly Bill 539. The legislation places limitations on predatory financing techniques in Ca he claims “creates ..Continue Reading