What's fair interest on a payday loan?
Poll Started 14 December 2010: What's fair interest on a payday loan? A recent campaign in parliament has demanded a look at regulating payday loans which can charge huge interest rates on loans, so we want to know what you would consider to be a fair amount both in cost and in interest. PLEASE PICK ONE ANSWER FROM EACH QUESTION.
Poll Started 14 December 2010:
What's fair interest on a payday loan?
A recent campaign in parliament has demanded a look at regulating payday loans which can charge huge interest rates on loans, so we want to know what you would consider to be a fair amount both in cost and in interest.
PLEASE PICK ONE ANSWER FROM EACH QUESTION.
Results
| 10% |  |
2512 votes (50%) |
| 25% | |
1069 votes (21%) |
| 50% | |
366 votes (7%) |
| 100% | |
384 votes (8%) |
| 200% | |
138 votes (3%) |
| 500% | |
121 votes (2%) |
| 1,000% | |
106 votes (2%) |
| 2,000% | |
48 votes (1%) |
| 5,000% | |
37 votes (1%) |
| 10,000% | |
18 votes (0%) |
| Over 10,000% | |
184 votes (4%) |
| £1 | |
492 votes (10%) |
| £2 | |
228 votes (4%) |
| £3 | |
286 votes (6%) |
| £6 | |
366 votes (7%) |
| £10 | |
2163 votes (42%) |
| £15 | |
291 votes (6%) |
| £20 | |
625 votes (12%) |
| £30 | |
278 votes (5%) |
| £40 | |
56 votes (1%) |
| £50 | |
182 votes (4%) |
| Over £50 | |
210 votes (4%) |
5,199 people have voted.
We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.
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