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COLUMN-TARP and Fed facilities unravel: John Kemp Reuters - 1 hour ago Previously, the lack of interest payments gave banks an incentive to minimise reserve balances. But now reserves pay interest the net cost is low . ...
- High Court Throws Out Payday Lender Law (The Morning News)
www.nwaonline.net
LITTLE ROCK — The Arkansas Supreme Court ruled Thursday that the 1999 Check Cashers Act “unmistakably” allowed payday lenders to charge triple-digit interest rates in violation of the state constitution.
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