Monday, May 4, 2026
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Tag: financing and lending companies

SEC cuts loan interest rate cap to 12%

The Securities and Exchange Commission (SEC) has lowered the effective interest rate cap to 12 percent per month on small loans effective April 1,...

SEC shuts down 6 lending companies

The Securities and Exchange Commission (SEC) said Tuesday it issued cease-and-desist order against six financing and lending companies which are not compliant with the...
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