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Deaaamn! Credit Card Companies Can Charge 40%?
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06-07-2006, 08:51 PM
rowan
Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
You think 40% interest is bad? One of the major pawn broker franchises in Australia charges 95% interest on one of their loans.
$500 loan
1 year term: $292 interest
5 year term: $1897 interest (holy fuck! on a $500 loan)
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