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re: Just took on a client who took out pay day loans
Posted on 2/5/18 at 12:30 pm to KiwiHead
Posted on 2/5/18 at 12:30 pm to KiwiHead
quote:
he's literally paying 400 a month on a 700.00 loan.
For how many months? Yeah, I am not exactly sure, but I think I read somewhere where there are some places that charge as much as almost 50% interest.
2
Posted on 2/5/18 at 12:33 pm to OweO
He was paying it for about a 6 month term. The guy probably clears 2500-2750 a month.
Actually still researching it as we speak. He took it out online
Actually still researching it as we speak. He took it out online
Posted on 2/5/18 at 9:25 pm to OweO
quote:
For how many months? Yeah, I am not exactly sure, but I think I read somewhere where there are some places that charge as much as almost 50% interest.
I got junk mailed for Republic Finance, 43% interest.
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