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Canada caps a payday loan at $14 per $100. On a 14-day term that is exactly 365% a year — one dollar per hundred, per day. That is not the loan shark rate. That is the legal ceiling. https://rollovermachine.felineunion.org/
Canada caps a payday loan at $14 per $100. On a 14-day term that is exactly 365% a year — one dollar per hundred, per day. That is not the loan shark rate. That is the legal ceiling. https://rollovermachine.felineunion.org/