Pet owners who can't afford to pay for medical treatment for poorly animals are being targeted by a payday lender offering loans with up to a 2,120 per cent interest rate. Payday loans are designed to tide consumers over until their next wage instalment - but they often come with eye-wateringly high rates of interest and experts warn that they are 'cynically' targeted towards the financially vulnerable. One lender, Petloan.co.uk is offering short-term loans to specifically cover unexpected medical expenses caused by vets' bills. But anyone taking out a £200 loan from the lender for 30 days will face £58 in interest when repaying....Read more here---: Petloan: Payday lender 2,120% interest rate targeting pet owners | This is Money