This damn WesternSky commercial has been on like 4 times in the past hour and a half.. so I finally paused it to read the fine print.. "Average APR on $5000 loan is 115%." What the fuck? Who would actually do that? That means after getting $5000 you owe what... Like $10750? That's outrageous.
I mean they even say in the commercial "the money's not cheap..." These type of loan places exist solely for those who cannot get a conventional loan, because of bad credit.
[quote name='"cookiecrisp"']I mean they even say in the commercial "the money's not cheap..." These type of loan places exist solely for those who cannot get a conventional loan, because of bad credit.[/quote] Oh I know they do, but 115% is a little bit ridiculous haha
I personally like the loan commercials which say if you give them the pink slip to your car, they will loan you money. In other words, if you don't pay back the loan, they can now take your car. Score!