OppLoans interest levels. OppLoans caps rates of interest above some maximums that are state-mandated.

OppLoans interest levels. OppLoans caps rates of interest above some maximums that are state-mandated. The Fair Access to Credit Act caps annual interest rates on loans between $2,500 and $10,000 at about 36%, but OppLoans’ website lists APRs up to 160% for loans in that range in California, for example. https://yourinstallmentloans.com/installment-loans-wa/ Inquired about the discrepancy, […]