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The 36 per cent cap will likely make it problematic for loan providers to make a revenue on these little, fairly short-term loans, Fulmer stated, noting it could have the end result of placing some away from company.

The 36 per cent cap will likely make it problematic for loan providers to make a revenue on these little, fairly short-term loans, Fulmer stated, noting it could have the end result of placing some away from company. “Folks should simply just take caution when it comes to measures that are price-fixing” he stated. “Starbucks wouldn’t provide a sit down elsewhere for 35 cents.” Who...

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