What one has to keep in mind is that it's meant to be a short-term loan. The average loan is 10 days. You have to be cautious not to annualize it, because it's like saying that a hotel room, for example, at $200 a night would cost you x dollars over a month. It's not intended for a long-term stay. It's a short-term stay.
On October 18th, 2016. See this statement in context.