Comments on: Could You Survive on 36 Percent Interest Rates Or Is That Too Little ? http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/ Wise Choices. Improved Finances. A Better Life. Sun, 05 Feb 2012 12:01:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ron http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/comment-page-1/#comment-1011 Ron Tue, 18 Mar 2008 00:25:59 +0000 http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/#comment-1011 @Ryan S.@uncommon-cents.net: I would hope! But there are other payday lenders in Portland that are figuring ways to get around the 36% cap by instituting certain "fees." @Ryan S.@uncommon-cents.net:
I would hope! But there are other payday lenders in Portland that are figuring ways to get around the 36% cap by instituting certain “fees.”

]]> By: Ron http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/comment-page-1/#comment-1008 Ron Tue, 18 Mar 2008 00:22:00 +0000 http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/#comment-1008 @fathersez: I agree. I understand risk and making money because of it, but the rates and fees on these loans is out of hand. If people need an advance so bad that they're willing to pay those rates and fees, what have we become as a society? @fathersez:
I agree. I understand risk and making money because of it, but the rates and fees on these loans is out of hand. If people need an advance so bad that they’re willing to pay those rates and fees, what have we become as a society?

]]> By: Ryan S.@uncommon-cents.net http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/comment-page-1/#comment-980 Ryan S.@uncommon-cents.net Sat, 15 Mar 2008 18:41:24 +0000 http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/#comment-980 if 36% interest isn't enough to keep them in business, maybe that's just a sign that people are wising up. if 36% interest isn’t enough to keep them in business, maybe that’s just a sign that people are wising up.

]]> By: fathersez http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/comment-page-1/#comment-977 fathersez Sat, 15 Mar 2008 16:56:13 +0000 http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/#comment-977 It's really sad, how people can actually have the conscience to dream up a business like this. And the guy who closed shop because 36% was too low, maybe he was borrowing from other payday lenders to lend to his own payday clients. It’s really sad, how people can actually have the conscience to dream up a business like this.

And the guy who closed shop because 36% was too low, maybe he was borrowing from other payday lenders to lend to his own payday clients.

]]> By: Ron http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/comment-page-1/#comment-965 Ron Fri, 14 Mar 2008 19:16:57 +0000 http://www.thewisdomjournal.com/Blog/36-percent-interest-rates/#comment-965 @My Dollar Plan: Yeah, it would be one thing if you were creating value in someone's life, but the only thing these loans create is despair. @My Dollar Plan:
Yeah, it would be one thing if you were creating value in someone’s life, but the only thing these loans create is despair.

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