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re: Just took on a client who took out pay day loans
Posted on 2/5/18 at 12:31 pm to KiwiHead
Posted on 2/5/18 at 12:31 pm to KiwiHead
quote:
Anyone in the OT know anything about these "predatory" lenders and how they operate and how they are able to essentially get away with 680% APR?
Bc people are either stupid or desperate.
And loan sharks are illeagal, although more ethical than this and banks.
1
Posted on 2/5/18 at 12:36 pm to magildachunks
Y'all remeber Western Sky financial?
It was $63,000 to pay back a $10k loan.
Do the math, it's right in the ad. 84 months of $743 for a $10k loan.
It was $63,000 to pay back a $10k loan.
Do the math, it's right in the ad. 84 months of $743 for a $10k loan.
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