Such usury loans are absolutely illegal in civilised countries, for instance [almost] everywhere in Europe. Just saying.
(edit: not in the UK, which is rapidly sailing away).
(edit: not in the UK, which is rapidly sailing away).
This is proved untrue with minimal searching online. Here's one example: https://www.msn.com/en-gb/money/other/just-when-you-thought-...
Also search "payday loan $EU_COUNTRY" to see some pretty insane rates (>1000%).