Turn the lesson into action. Run these against your own numbers — that is where it becomes real.
Hundreds of percentThe effective annual rate on a payday loan. The business model depends on the loan being rolled over, not repaid.
- Which of the fifteen red flags have you already fallen for? Name it without judgment.
- Which one is most likely to come at you in the next year — and what is your line?
- Pick one “do instead” and put it in place this week.
Put it into practiceExplore the free Basis Points calculators and run your own numbers.