I am in Tennessee.
I charge about 7-8% on one week loans and 12-15% on two week (or longer) loans.
$4 on a $50 for one week.
$7 on a $50 for two weeks.
Well , you might only charge that much but most of the rest charge significantly more. Seen the contracts when my wife and I helped bail one of her idiot friends out.
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I actually couldn’t believe the amount of money that charged. Hell, the mob would be cheaper.