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New loan entrants lending at 10% or more

As the economic recovery continues, new entrants see an opportunity to lend at interest rates approaching 10%. That is a premium above prime loans, but less than what many consumers pay for credit cards. http://online.wsj.com/news/articles/SB10001424052702304732804579421653206982012?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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