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Old 02-08-2015, 09:00 AM   #1
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Stumbled across this ad for personal loans. Note the range of APRs in the fine print...
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Old 02-08-2015, 09:47 AM   #2
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Reminds me a bit of the radio ad I heard this week on a sports talk station. "And best of all, Houston Furs offers financing for the purchase of that new coat or stole..."

Happy Valentine's Day, honey. I wanted to show my love for you by putting us deeper into debt for a depreciating luxury item that you will use for about 10 days a year.
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Old 02-08-2015, 09:51 AM   #3
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Wowser!!
I was going to grab some of that 35%, but then I noticed it was actually 35.18, which killed the deal for me..
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Old 02-08-2015, 10:35 AM   #4
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"Circle Back Lending"...I'll bet they 'circle back'!!

More like Downward Spiral...
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Old 02-08-2015, 11:10 AM   #5
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The ad says you can save thousands by paying off your high interest debt with a fixed interest loan.

OK, I get the concept, but if you are saving money by borrowing at 35% then what could you possibly be paying off?? 45%
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Old 02-08-2015, 11:45 AM   #6
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Neighbor was going to put a sleep number bed on a 12 month contract no interest if all payments made on time. If not 29%!
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Old 02-08-2015, 03:25 PM   #7
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Quote:
Originally Posted by marko View Post
"Circle Back Lending"...I'll bet they 'circle back'!!

More like Downward Spiral...
The name made me think of a ring of sharks circling in the water.
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Old 02-08-2015, 04:05 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
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Right up there with paycheck loans, car title loans, tote-the-note used car dealerships, and pawn shops...


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