I believe interest on cash loans should be regulated to be a certain percentage above the prime rate on the day of signing. I also believe that percentage should be no more than three times the prime rate but the legislation should allow the government to make adjustments as seen fit... with due cause and with at least three months notice of the intention to do so.

The very idea that credit for those in need is allowed to force them into ruin is certainly criminal. 60% in Canada, Rap? I did not know that... makes me ill.

Of course, I maybe talkin outta my ass on this one on accounta I really am no expert on any of this stuff.