Post by crackhabit on May 19, 2012 15:38:42 GMT -5
Just saw a commercial for unsecured loans up to $10k from Western Sky Financial for get this....89% APR! The fine print says it's for 84 monthly payments of $743.99. Interesting note, the company is owned and operated on a Native American reservation.
Slightly related. Within walking distance of my apartment, there are about 6 payday loan stores. They advertise their rates and it is horrible! Pay $20 to get $200. Sad thing is that at least 2 new stores have opened in the last 6 mths. I honestly live in a decent area. Not great, it is downtown, but it isnt a slum.