Reply #4: Yep, I can remember sitting at the Chicago dinner table where I grew up and

[truedelphi]

My dad complaining that the Mafia charged people some 150% for a loan.

He felt any organization calling itself a "family" should be able to knock their rates down by half that.

Now we have the extremely necessary Payday loan companies that help an individual forestall the 82,000% loan one incurs when one bounces a check for five bucks.

Your paycheck is going to be delayed for 48 hours, and if even one check doesn't clear the local bank, that is how much of a hit you will take. Even if the NSF amount is only five bucks, for thirty six hours!

So you hustle yourself down to the PayDay advance place, where you can get a loan, and that loan only costs you 900% a year.