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Hays, Kansas

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 700,000 Idiots...

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The Other One
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The Other One


Number of posts : 3675
Registration date : 2008-03-25

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PostSubject: 700,000 Idiots...   700,000 Idiots... Icon_minitimeTue Feb 08, 2011 3:04 pm

Why the hell would anyone with half a brain sign up for a credit card with 59.9% APR?

Might as well go to a payday loan shop.
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LukeTHr
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LukeTHr


Number of posts : 1936
Age : 64
Registration date : 2008-03-26

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PostSubject: Re: 700,000 Idiots...   700,000 Idiots... Icon_minitimeTue Feb 08, 2011 3:48 pm

you think that's bad, look at these rates. talk about getting scalped.....

western sky financial
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LukeTHr
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LukeTHr


Number of posts : 1936
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Registration date : 2008-03-26

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PostSubject: Re: 700,000 Idiots...   700,000 Idiots... Icon_minitimeTue Feb 08, 2011 3:52 pm

on a $2600.00 loan, according to their payment schedule, you will pay 36 payments of $298.94 for a total of $10,761.84. Interest rate is 139.34%. A $1500.00 loan is worse yet. On top of the interest, they have loan fees to boot.
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SciFi
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SciFi


Number of posts : 1242
Age : 63
Registration date : 2008-03-25

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PostSubject: Re: 700,000 Idiots...   700,000 Idiots... Icon_minitimeTue Feb 08, 2011 5:40 pm

LukeTHr wrote:
on a $2600.00 loan, according to their payment schedule, you will pay 36 payments of $298.94 for a total of $10,761.84. Interest rate is 139.34%. A $1500.00 loan is worse yet. On top of the interest, they have loan fees to boot.
EP was right, credit cards are the devil incarnate.
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Ratzilla
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Ratzilla


Number of posts : 6902
Registration date : 2008-03-27

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PostSubject: Re: 700,000 Idiots...   700,000 Idiots... Icon_minitimeTue Feb 08, 2011 8:30 pm

Western Sky isn't a credit card company. It's a legalized reservation loan shark. The Native American got alot of raw deals from the US, but I do get tired of our government trying to make up for the injustices of our great grandparents by allowing those who were screwed to take revenge on those of us who weren't even around more than a century ago.
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