Doug Hoyes: If i need to return and borrow and borrow and borrow, i suppose if IвЂ™m getting that loan every two days, then which could take place 26 times through the 12 months. The Ministry has calculated that the attention price is one thing like 548%, annualized.
Doug Hoyes: 548%. Well, and I also guess that is practical because IвЂ™m paying that $21 on every hundred, perhaps not when it comes to year that is whole however for a couple of weeks, you multiply it by 26, then it is maybe not difficult to observe that 500%. Read more