Well right now they’re about 300% on “payday loans.” But it’s a two-week loan so it’s not exactly a fair comparison.
Yeah, about 300% annual compounded interest. Payday loans are actually quite reasonable --if people pay them back when they next get paid! Hence, the term "payday loan." Many of the payday loan places near military bases closed down after congress passed the 36% ACI cap on service members.