I feel there should be some law on this. I know that my own family is struggling with money and debts right now, the fact that these coroprate big wigs take advange of this is, as you say "****ing evil".
As far as I'm concerned, anyone who gets in trouble because of this is a moron and they dug their own grave. It's financial natural selection.
Wether or not people are dumb enough to not realise the amount is up to the person.
But they do make Money Lenders in backstreet alleyways look like saints.
Oh btw, £1 at 2278% rate means you pay back in first year, £22.88. Remember 100% is double. :P
[Edited by DABhand, 6/1/2010 8:57:27 AM]
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