Why Are Payday Loans APR'S Higher Than Other Loans?

In this video, Ben Hawkey, relationship manager at Capital Pacific Loans explains why payday loans APRS could be higher that the other loans. Learn more here: https://capitalpacificbank.com/finedu/payday-loan-apr-why-is-it-so-high/ _______________________________________________________________ 0:00 | Intro 0:10 | INTRODUCTION 0:31 | WHATS AN APR? 1:30 | WHY APR FOR PAYDAY LOANS IS SO HIGH? 2:18 | WHY USE CAPITAL PACIFIC LOANS? #cpl #CapitalPacificLoans #APR #loans #loans #paydayloans #paydayloansonline