As someone who used to build the systems that process these loans online, I can vouch that indeed APRs are as high as 400% and do you know who owns the debit? I

As someone who used to build the systems that process these loans online, I can vouch that indeed APRs are as high as 400% and do you know who owns the debit? Indian tribes, who are usually exempt from state laws and who sometimes you would literally have to meet with the chief of the tribe to settle a debt. Its insane, and sad, but few have no other choice because their credit is bad/maxed out