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Neighborh d advocacy groups ask Arizona legislators to fix financing rules
Some neighborh d advocacy teams are calling for help of proposed laws and regulations that could make it possible to bar some fringe loan providers from imposing hefty rates of interest on short-term loans.
Officials from the Phoenix-based group Wildfire together with Center for Economic Integrity say proposed nationwide legislation could halt triple-digit interest levels that get passed away onto customers on short-term loans such as for instance advances given in return for an automobile titles.