Idaho, Nevada and Utah have among the nation's highest interest rates for payday loans, according to a new report. The study, released this week by the Pew Charitable Trusts, found their rates are so ... more 
Idaho, Nevada and Utah have among the nation's highest interest rates for payday loans, according to a new report. The study, released this week by the Pew Charitable Trusts, found their rates are so high mainly because they're among only seven states that impose no legal limits on them. Idaho payday lenders charge an average 582% annual interest on their loans to lead the nation. Among states with storefront payday lenders, the lowest average interest charged is Colorado at 129%, which matches its legal limit. The next lowest are Oregon at 156% and Maine at 217%. less 
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Wochit
Sun, Apr 20, 2014 8:40 PM EDT