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Want me to loan you $1,000?
But you have to pay back 1,250 within 14 days.
Im not offering this, But im curious as in to anyone that would accually be interested in a loan like this.. anyone? |
People must be interested in it. I've noticed that one of the hot spams this month is for Payroll Advance which is basically a short term loan with like 25% interest...sometimes higher.
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Most are about 700% APR, there are goverment regulations, You cannot go above a certain %, however, Most states are within 700-750% APR
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I want 100,000 please :glugglug
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I dont want it, I'm not that desperate.
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How about you loan me... hmmmm... $5000000 and I'll pay you back 200% when you find me... :Graucho
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im sure some desprete people would do that
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Its called Loansharking
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