GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Looking for a private lender at 20% annual interest

2MuchMark · 02-03-2010, 10:43 PM

$50,000 at 20% would cost you $10,000 per year, "forever" if I read your post right.

Why not do this instead: Contact your credit card company and ask for a balance transfer loan. They are easy to get and cost between 1% and 4% depending on your credit rating. At WORST the loan will cost you only $2,000 one time (at best only $500). Why spend $10,000 PER YEAR when you don't need to?

02-03-2010, 10:43 PM
2MuchMark Too lazy to set a custom title Industry Role: Join Date: Aug 2004 Location: Canada Posts: 50,183	$50,000 at 20% would cost you $10,000 per year, "forever" if I read your post right. Why not do this instead: Contact your credit card company and ask for a balance transfer loan. They are easy to get and cost between 1% and 4% depending on your credit rating. At WORST the loan will cost you only $2,000 one time (at best only $500). Why spend $10,000 PER YEAR when you don't need to?