She says that data the industry provides to her says that only 4% of customers ever get to the point of 312% interest. It occurs to me, then, that it shouldn't be any big deal to cap the rates at 36%, since, if not many of their customers go over that anyway, it will prevent abuses without affecting their bottom lines much.
by
eridani on
Thu Feb 01, 2007 at 06:45:24 AM PST
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