My comment was just on how APR is calculated for short term loans. Also, you only double your money every 3 months if none of your loans default and you collec

My comment was just on how APR is calculated for short term loans. Also, you only double your money every 3 months if none of your loans default and you collect everything. Most of these loans default. Profits are way slimmer than you're imagining, even for the scammers (Who I definitely agree should be punished for these practices).