What Is Powering The Emerging Pawnaissance?
PYMNTS
SEPTEMBER 17, 2019
At the low end of the spectrum, consumers will pay an APR of 25 percent a month, roughly comparable with a high-rate credit card. Policymakers may have simply shifted operating firms from one industry to another, having no real effect on market conduct,” Ramirez writes. Interest rates on pawn loans vary as they are regulated by states.
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