Extreme Interest Rates

My wife showed me this loan site today, which reportedly is advertising on Judge Judy. Take a look at these interest rates.

Loan Product Interest Rate Annual Percentage Rate Number of Payments Payment Amount $5,075 Loan 59% 59.95% 84 $254.03 $2,600 Loan 96% 99.25% 42 $216.55 $1,075 Loan 89% 96.78% 42 $83.89

I've got a contact in banking law enforcement who tells me this would be considered usery in all 50 states. I'm sure he'll be passing this along to some interested parties. Unless these rates are the result of the site being hacked or their rate data getting corrupted I would hope they wouldn't be in business all that much longer.