Last month, another payday lender, Money3, whose shares are down 28 per cent since February, said it would start buying back its stock which it considers undervalued. The government is expected to consider in its review of the laws whether a cap on establishment fees that can be charged by payday lenders should be reduced from 20 per cent, and the cap on monthly interest payments be reduced from 4 per cent, to protect vulnerable consumers. Money3 chief executive Robert Bryant said in March that if the fee cap was any lower than those numbers for small loans of less than $1,000 then Money3 would exit that segment of the industry. Cash Converters shares were placed in a trading halt on Wednesday morning and are likely to resume trade on Friday following the signing of the settlement.