Most States Ban Predatory Loans. Lenders Are Using This Loophole to Charge 150% APRs Anyway

This niche lending loophole could soon become federal policy, setting off an APR arms race with grave consequences for borrowers.

# Most States Ban Predatory Loans. Lenders Are Using This Loophole to Charge 150% APRs Anyway This niche lending loophole could soon become federal policy, setting off an APR arms race with grave consequences for borrowers. **Read the full article:** [Money.com](https://money.com/rent-a-bank-loophole-loan-aprs/?xid=moneyrss) *This article was originally published by Money.com. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*