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Stop a New Predatory Loan Product - Oppose HB 1913 - Oklahoma Policy Institute
HB 1913 (Rep. Kannady/Sen. Leewright), the Oklahoma Small Loan Act, would create a new predatory loan product in Oklahoma, known as a Small Loan. These loans would allow interest to be charged at an annual rate of over 200 percent, which is far costlier than what can be charged under current law. These loans would
David Blatt