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Originally Posted by V_RocKs
It is also easy to get one from Prosper.com.
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Not so much anymore. They cut all of the bad credit people out of the site last I knew, and those are the people who stand to gain the most from a service like that. I think Prosper really made a bad choice with that, they did it for the PC reasons, like most companies these days...
Quote:
Originally Posted by ShellyCrash
Well, I guess to your friend's advantage they probably won't kill him. You axe someone you'll never get your money back.
I'm surprised there are still loan sharks out there, with all the payday loan places and mortgage / refi scams. I'm sure the industry has taken a hit.
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The payday lending industry is extremely profitable. If I could stand dealing with customers directly long enough, I'd open a payday loan store. In 1 year, I'd be quite wealthy. Not hard when your interest rates on your loans hit 900% APY or more.