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I just learned that in Wyoming, currently payday loan interest rates are as high as 780%. Peeps, those places give me the willies when I pass them; I know they are out to keep the person who works and lives from paycheck to paycheck working and living from paycheck to paycheck while someone else walks off with a lot of that person's hard-earned tiny wages, but 780%? Those bastards are so lucky that punching someone in the head with a jacknife is totally illegal- unlike extortionist interest rates on payday loans.
1 comment:
Yep, 780% is ridiculous. What is unfortunate is that, for some people, cash advances on paychecks are the only way to pretend they can accomplish the American Dream, which is an %#*%ing joke anyway....
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