Proposed ballot measure seeks to cap interest on auto-title loans

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Signature gathering has started on a proposed ballot measure that would cap interest on car title loans at 36%. Those interest rates can currently be as high as 204%. The Arizona Fair Lending Act would need 237,000 signatures to make the November 2020 ballot. We’ll hear more from Kelly Griffith, executive director of the Center for Economic Integrity.

Kelly Griffith, executive director of the Center for Economic Integrity

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