“We’re not seeking to close the doors of a business here,” Jerstad said. “I am all in favor of small businesses. But we’re seeking to put a cap on this, and 72 percent is really a generous cap, I think.”
Can I give Mr. Jerstad some advice? Don’t think, you’ll hurt yourself. 72% is $8.28 on a $300 loan.
You can read more in the Argus Leader.
Comments
One response to “Bonehead comment of the day”
Sandy Jerstad is a woman.