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re: Financial blunder stories
Posted on 4/18/16 at 4:56 pm to ctiger69
Posted on 4/18/16 at 4:56 pm to ctiger69
Also, judging by the general trashiness of the OT, I'd say most here dont know what a financial blunder is.
I had a client come in once with one of those personal loans from some Indian Reservation out west. She basically got a check in the mail for 5k, which she cashed. The fine print said the interest rate was 118%. She would have paid back about 50K to the lender if she'd paid it to term. I see crap like this all the time.
I had a client come in once with one of those personal loans from some Indian Reservation out west. She basically got a check in the mail for 5k, which she cashed. The fine print said the interest rate was 118%. She would have paid back about 50K to the lender if she'd paid it to term. I see crap like this all the time.
This post was edited on 4/18/16 at 4:58 pm
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