3 ms·
Am I mistaken or hasn't that been capped to 100% for a while?
by dormento 5mo ago
Am I mistaken or hasn't that been capped to 100% for a while?
- SomeUserName432 5mo agoThe maximum they can take in fees in a 12 month period is 100% of the original sum, having a 600% interest rate just means they get to the 100% cap that much faster. Ensuring that the consumer does not have sufficient time to pay off the debt before it doubles.