Study claims these people charges an ordinary 652percent yearly focus. Merely Florida is actually higher.
(Leah Hogsten | Tribune data pic) new research says cash advance charge in Utah are second-highest in America. Best Florida try high.
Utah customers nowadays experience the nation’s second-highest typical fee for payday advance loan: 652per cent annual attention, a new study says.
Truly the only county where normal speed are greater happens to be Arizona at 664%, while Utah’s rate is definitely connected with neighboring Nevada and Idaho, in line with the not-for-profit facility for Responsible credit (CRL). Continue reading “Utah’s cash advance rates include 2nd greatest in the us”