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164% interest? Senate advance payday loan bill
Republicans back plan after voters limited industry in 2008

An amendment in the state Senate backed a plan that would allow businesses in Arizona to charge up to 136 percent interest to repay loans.

An amendment in the state Senate backed a plan that would allow businesses in Arizona to charge up to 136 percent interest to repay loans.

BOB CHRISTIE, Associated Press
Originally Published: March 22, 2017 5:55 a.m.

Updated as of Wednesday, March 22, 2017 6:16 AM

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