Editorial: ‘Payday loan’ interest should always be restricted. It does not seem like an interest that is high — 16.75 per cent appears pretty reasonable for an urgent situation loan.

Editorial: ‘Payday loan’ interest should always be restricted. It does not seem like an interest that is high — 16.75 per cent appears pretty reasonable for an urgent situation loan. It does not appear to be a high rate of interest — 16.75 % appears pretty reasonable for a crisis loan. That’s the most allowable […]