Reply: 4.1.1.1
From: Tom Cleary
Hi Colin
Lemme see
credit cards 16.5%
equipment loans 14%
2nd mortgages up to 20%
factoring 12%
etc
etc
So 12% could be quiet reasonable,depending on the circumstances.
Oh I forgot Pay Day lending,Alan Bonds et al
latest scam up to 1200% per annum.
Regards
Tom