Doug Hoyes: And that is just title we composed. ItвЂ™s so brand brand brand new it doesnвЂ™t have even a title.
Ted Michalos: they are the dudes where you are able to carry on the world wide web and you will borrow cash and repay it during a period of the time. That which we discovered is, 2 yrs ago, 1% for the individuals who came to see us had these kind of loans, now it is 5%. And just my latest blog post about everyone which had that types of loan, currently has pay day loans because well. Therefore, it is perhaps maybe not that theyвЂ™re deploying it as a substitute, it is an addition to.