Research Finds PayDay Lenders Charging 300% Interest (And Yes, It’s Appropriate)

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Research Finds PayDay Lenders Charging 300% Interest (And Yes, It’s Appropriate) What’s a reasonable level of interest to charge for the short-term loan? It’s anyone that is unlikely state 300%. Yet that’s one most likely outcome if the move toward installment loans among payday lending continues unchecked, based on a summary of the payday financing