Are you looking for a small car loan?
01-29-13, 04:28 PM
#1
Are you looking for a small car loan?
Quick money for a car loan..
Just read this online!
The Mafia has better rates.
Yikes! I've seen their ads on TV. Western Sky.Read about them elsewhere today and couldn't believe their rates.
Loan Product Borrower Proceeds Loan Fee APR Number of Payments Payment Amount
$10,000 Loan $9,925 $75 89.68% 84 $743.49
$5,075 Loan $5,000 $75 116.73% 84 $486.58
$2,600 Loan $2,525 $75 139.22% 47 $294.46
$1,500 Loan $1,000 $500 234.25% 24 $198.19
$500 fee on a $1,000 loan? 234.25% interest? $4756 payback?
10k loan = $743 a month for 7 years =$62,453.00 !!
How does this indian company expect to get paid and what can they do if someone stops or can't pay?
Just read this online!
The Mafia has better rates.
Yikes! I've seen their ads on TV. Western Sky.Read about them elsewhere today and couldn't believe their rates.
Loan Product Borrower Proceeds Loan Fee APR Number of Payments Payment Amount
$10,000 Loan $9,925 $75 89.68% 84 $743.49
$5,075 Loan $5,000 $75 116.73% 84 $486.58
$2,600 Loan $2,525 $75 139.22% 47 $294.46
$1,500 Loan $1,000 $500 234.25% 24 $198.19
$500 fee on a $1,000 loan? 234.25% interest? $4756 payback?
10k loan = $743 a month for 7 years =$62,453.00 !!
How does this indian company expect to get paid and what can they do if someone stops or can't pay?
Last edited by Joeb427; 01-30-13 at 04:36 AM.
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