On the recordMarch 25, 2015
The interest rates that are so often charged on these short-term loans can be as high as 400 percent, 450 percent interest.
Source
presidency.ucsb.edu“The interest rates that are so often charged on these short-term loans can be as high as 400 percent, 450 percent interest.”
Remarks at a Roundtable Discussion on Financial Regulatory Reform and Consumer Financial Protection at Lawson State
Share
More from Barack Obama
It shows me somebody who’s not focused on the American people and the job they’re supposed to do.
While we are non-partisan, we are not value-neutral. We have a point of view.
People aren't looking for perpetual anger and division. They are looking for fairness and common sense and mutual respect, that deep in our gut, we want to find a way to turn towards each other again, not further away.
Other voices in this conversation