California consumer loan law, explained in 1 minute

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#news #money #CALaws2020
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Hearing what is being said in this video is remarkably difficult without turning the volume up. It would be appreciated if you could check your levels and bump them up by 7-10 dB in future videos.

burrito-town
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I doubt many of the tens of thousands of people on skid row in every CA cities are there because of their former loan's interest rates.

BenBen
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Many lenders either just stop giving loans, or raised their minimum because of this.

southwest
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Wow. Glad it is lowered but 30-something % should still be considered usury!

jessicahall