Loan shark!

[nonameo]

http://www.cashcall.com/General/Rates.aspx

 

[Brainonska511]

On the bright side, they won't shoot you or break your legs when you fail to pay.

 

[mb]

Only 42 easy payments of $216.55 for a $2,600 loan!? Where do I sign up!?

That $75 fee is a bargain, too!

 

[SmoochyTX]

Originally posted by: mb
Only 42 easy payments of $216.55 for a $2,600 loan!? Where do I sign up!?

That's crazy. If somebody actually made all 42 payments they'd be paying $9095.10 not including any fees.

Whoa.

 

[waggy]

yeap. those places are nuts. though not as bad as say payday loans. wher eyou get %580 interest.


edit: hold on how is this legal?

 

[KeithTalent]

Wait, this is a joke right? 96% interest rate? :Q

KT

 

[jpeyton]

They have to recoup their losses on the suckers that actually make all the payments.

I bet 7/10 of their loans go into default.

 

[andylawcc]

Originally posted by: jpeyton
They have to recoup their losses on the suckers that actually make all the payments.

I bet 7/10 of their loans go into default.

8/10 now

 

[mugs]

Originally posted by: jpeyton
They have to recoup their losses on the suckers that actually make all the payments.

I bet 7/10 of their loans go into default.

Like this son of a bitch:
Text
:|

(he is one of their customers)

 

[jpeyton]

Originally posted by: mugs

Originally posted by: jpeyton
They have to recoup their losses on the suckers that actually make all the payments.

I bet 7/10 of their loans go into default.

Like this son of a bitch:
Text
:|

(he is one of their customers)

Bwahahahaha. Great read.

 

[BigJ]

You wanna talk loansharking, try 20% interest a week.

 

[OS]

i just saw this somewhere else, it's awesome

 

[Dirigible]

Wow! Those loans would really fit my lifestyle! Awesome!