3 ms·
To further reinforce this point, find me a payday lender that up-front lists their Annual Percentage Rate. They really don't which makes comparisons impossible
by robert_foss 8y ago
To further reinforce this point, find me a payday lender that up-front lists their Annual Percentage Rate.
They really don't which makes comparisons impossible or very hard work.
- mikeash 8y agoSure, but everyone who needs their car repaired today so they don’t get fired tomorrow definitely takes the time to survey all of their local payday lenders, then sits down with a calculator and carefully works out how much each one will ultimately cost them before choosing the cheapest one. (Hopefully obvious sarcasm is obvious, but one can never tell.)