Robbery that makes me shake my head

I just saw a commercial for I thought I read the interest rate wrong so I rewound it. Then my jaw dropped: “The APR for a typical loan of $2,600 is 99.25% with 42 monthly payments of $216.55.”

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0 Responses to Robbery that makes me shake my head

  1. Jon Welborn says:

    I saw a very similar commercial just the other day as well and I couldn’t believe it either. North Carolina is much better in legislating these types of places. I remember one intersection in Columbia, SC that had four; one on each corner.

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