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ella [17]
2 years ago
15

Some states and localities are drafting legislation to reduce the number of payday loans that a lender can provide within a year

(for example, limiting them to no more than 6 loans in a year to an individual). Analyzing the data above, why might lenders be so opposed to such limits?

Business
1 answer:
S_A_V [24]2 years ago
7 0

sixteen states and the district of columbia prohibit extremely high cost payday lending. states protect their citizens from usurious payday lending by prohibiting the product or by setting rate caps or usury limits. georgia prohibits payday loans under racketeering laws.

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erik [133]

Answer:

$0.12 billion; a budget surplus

Explanation:

Given that,

Total spending for the last fiscal year = $4.71 billion

Tax collected during the same fiscal year = $4.83 billion

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= (Taxes - Government transfers) - Total spending of government

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= $0.12 billion

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3 years ago
Multi-item indexes are unable to account for dual sources of status (both men and women) in american households because they?
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7 0
1 year ago
Select the correct answer.
amid [387]

Answer:

A is the answer

Explanation:

3 0
2 years ago
Costs and benefits that should be ignored when making decisions are called ______ costs and benefits.
miskamm [114]

The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.

8 0
2 years ago
Read 2 more answers
Using the percentageofsales ​method, the estimated total uncollectible accounts are . The Allowance for Uncollectible Accounts p
posledela

Answer:

the main part of ur question hasbeen left out so no one could help but i got a answer anyways

Explanation:

it's b

$7,322 + $2,635

= $9,957

8 0
3 years ago
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