Payday Lenders Are Charging Up to 780% Interest Amid Coronavirus Panic: While banks are slashing lending rates, it's business as usual for payday lenders, now considered essential services during the pandemic.

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https://www.vice.com/en_ca/article/5dmnex/payday-lenders-are-charging-up-to-780-interest-amid-coronavirus-panic

keep in mind:

In most states 780% is not legal. Most states have usury limits on interest. Although some states have no limits. Pawn shops and payday lenders have been considered essential because they are financial institutions. They make loans just like a bank. And just like a bank they have to follow financial rules.

Also keep in mind when they report 780% interest that includes the maximum penalties for late payments. 780% is the number for when you do everything wrong. Credit card interest rates can also be high if you miss payments.

Here is a list of usury laws by state:

https://www.cuna.org/uploadedFiles/Advocacy/Priorities/State_Government_Affairs/a-z_usury_lawguide.pdf