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Troubles with internet lending in California

April 13, 2009 | California, LA Times, alternatives, industry, regulation | Comments (1)

The LA Times reports that regulators in California are having a difficult time regulating some online lenders, many which are located offshore.  The article really speaks to the need for consumers to have access to regulated, storefront lenders.

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Comments»

1. Will - April 13, 2009

Actually this article is focused on tribal lending, not off-shore lending. Two very different issues…