what is a Bram Brekelmans and why did someone father two of them?
what is a Bram Brekelmans and why did someone father two of them?
20-40% is still okay. Payday loans in those amounts are usually 200-400% (APR) in the US, or even twice that. In Haiti the official interest rate has been ~7-30%, now 17%. Real interest rate seems to be -14% at the moment because of inflation, historically it was ~7% to 0%.
So 20% is actually an amazing deal, especially if you consider that processing costs are much higher for micro loans, proportionally speaking.
Whoever is handing out these loans must barely be making a profit at all. I assume they are non-profit?
But I’m not sure how it works in detail, it might be a different picture with dollar loans.
what’s the interest rate?
RIP Peanut, gone but not forgotten
bruh just ban all sugary drinks, it’s not that hard
amazing, yes, finally, sustainable plastic pollution everywhere
sustainably microplastics in my blood
sustainable sea turtle murder
sustainable endocrine disorders