You talked about 20% as being an appropriate interest rate. When I look at some credit cards, they charge more than that, and I see payday loans as being at the highest end of risky loans for the retail market. I wouldn't want those types of rates to be less than another type of available product that low-income people have access to, because it's the highest-risk loan.
Does your organization promote a particular rate you have used? Do you have views on what the maximum rates should be for other credit cards and whatnot?