A payday loan company that charges interest rates of about 3333% (not s*** either, it actually does). There has been calls from politicians, members of the public, and even journalists that companies like them should be banned.
If their interest rates weren't bad enough they clearly target those who can't get credit and to make matters worse even if a customers payed back their loan on time and didn't default on payments then it does not positively effect their credit score.
How is that legal?
Thats the big question, it f***ing shouldn't be.
aye, just wong on so many levels