Need a quick 5k?

saint

saint

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Just saw a commercial....you need a quick 5,000 deposited into your checking account tomorrow?

The terms on the commercial were so small it was barely readable on my 50" plasma. I had to pause it in disbelief.

Can you imagine the morons who do this, not understanding interest rates?

Loan: 5k
Interest Rate: 116.73% :scared :scared
Number of payments: 84 :scared :scared
Only 486 a month!!! What a steal

That's probably over 40k in interest, not that any of these deadbeats probably fulfill the entire loan
http://www.westernsky.com/General/Rates.aspx

I wish it weren't true but there are probably a lot of people who have no clue and sign this.
 
MadJack

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saint said:
Just saw a commercial....you need a quick 5,000 deposited into your checking account tomorrow?

The terms on the commercial were so small it was barely readable on my 50" plasma. I had to pause it in disbelief.

Can you imagine the morons who do this, not understanding interest rates?

Loan: 5k
Interest Rate: 116.73% :scared :scared
Number of payments: 84 :scared :scared
Only 486 a month!!! What a steal

That's probably over 40k in interest, not that any of these deadbeats probably fulfill the entire loan
http://www.westernsky.com/General/Rates.aspx

I wish it weren't true but there are probably a lot of people who have no clue and sign this.
Click to expand...

Everything is a scam anymore. It's a shame.
 
yyz

yyz

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Just head into the casino, double it, and pay it right back!


I guess people are saying it's a pretty big money maker for these Indian Nations, now that gaming is seeing a little down turn.
 
The Joker

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This isn't THAT bad but it is pretty bad.


I had an employee that bought a 3 year old Chevrolet Cavalier and was paying $450 a month.

I said she was paying too much and she responded that she had a 500 Credit rating.




Geeeez. :facepalm:
 
Betone

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The Joker said:
This isn't THAT bad but it is pretty bad.


I had an employee that bought a 3 year old Chevrolet Cavalier and was paying $450 a month.

I said she was paying too much and she responded that she had a 500 Credit rating.




Geeeez. :facepalm:
Click to expand...

They should have bought a KIA :0074
 
Jamaica1997

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The Joker said:
This isn't THAT bad but it is pretty bad.


I had an employee that bought a 3 year old Chevrolet Cavalier and was paying $450 a month.

I said she was paying too much and she responded that she had a 500 Credit rating.




Geeeez. :facepalm:
Click to expand...

I repo these kind everyday!!

I do over 140 repos a month for one Buy Here Pay Here lot alone in the city!!

20.99% interest

But hey why do I care, if they don't pay then I take it away!!

My company motto:

Putting debtors back on their feet one repo at a time!!

wm-back.jpg


My shirt I designed a few years back!!
 
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Hashish

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Jamaica1997 said:
I repo these kind everyday!!

I do over 140 repos a month for one Buy Here Pay Here lot alone in the city!!

20.99% interest

But hey why do I care, if they don't pay then I take it away!!

My company motto:

Putting debtors back on their feet one repo at a time!!

wm-back.jpg


My shirt I designed a few years back!!
Click to expand...

And you are proud of this?

:sadwave:
 
Hashish

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yyz said:
Why shouldn't he be? What?........Should he be ashamed of making a living taking the deadbeats' unpaid for shit back?

Unreal.
Click to expand...

:facepalm:

Anyone that makes a living as part of a parasitic process should not be proud of it. I am not saying he should be ashamed, but bragging about it seems at a minimum to be in very poor taste. The people that are giving out the loans are the ones that should be ashamed, but he is feeding off the irresponsibility of the lenders and borrowers both. You think he should be proud of that?
 
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saint

saint

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I get 0.73% of all loans originating from madjacksports.com.

Hence, the 116.73% interest rate :0002
 
Jamaica1997

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Jedi Survivor said:
:facepalm:

Anyone that makes a living as part of a parasitic process should not be proud of it. I am not saying he should be ashamed, but bragging about it seems at a minimum to be in very poor taste. The people that are giving out the loans are the ones that should be ashamed, but he is feeding off the irresponsibility of the lenders and borrowers both. You think he should be proud of that?
Click to expand...

Jedi,

I am proud of what I do. Do you think it is my fault that these people get these loans on these cars?

Moreso, do you think it is my fault that they default on that loan?

Poor taste? I enjoy my business and my employees enjoy their paychecks!!

By the way, I am a huge Dave Ramsey follower, and in all honesty I wish people would be smart with their money and pay cash for their things (cars). But I can't help people making wrong decisions in their car buying, but I can help the lender get back their collateral before it is gone or torn up.

Hey, if I didn't pay on my house, do you think I should keep it? Peolpe don't pay, people don't get to play
 
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