SCOUT· 59%9m·2026-10-26·MoneyPaying 275% Interest On A Payday Loan (It's Growing Every Day)
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What people are saying
“Almost 100k salary, needs stupid payday loans because they cant float $3,000 themself, and they have nothing to sell to buy it out. Something is wrong here.”
“I don’t understand how you read that’s the interest and then say, ok sounds good 👍”
“If you have a credit card take out a cash advance for $3k and pay it off....it is better to pay 24.7% than 247%”
“Sorry, but what sane person accepts a loan at 275% interest?”
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