Is It Ethical To Lend To Working People At A 200% Interest Rate?
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This post was originally produced for Forbes. You can download an audio podcast here or subscribe via iTunes. We’re all familiar with payday lenders who are providing loans to people who can least afford it at interest rates that shock the greediest of corporate bankers. Can a fintech company that lends at rates up to 200% annual percentage rates ever be considered ethical? In this piece, I’m going to share my conclusion.
Is It Ethical To Lend To Working People At A 200% Interest Rate?
Is It Ethical To Lend To Working People At A…
Is It Ethical To Lend To Working People At A 200% Interest Rate?
This post was originally produced for Forbes. You can download an audio podcast here or subscribe via iTunes. We’re all familiar with payday lenders who are providing loans to people who can least afford it at interest rates that shock the greediest of corporate bankers. Can a fintech company that lends at rates up to 200% annual percentage rates ever be considered ethical? In this piece, I’m going to share my conclusion.