With an APR of only 116%, how could you NOT borrow?!

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Captain Slow
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c/o Reddit
 
I thought i saw that too but then i was like no way its that high. You would honestly be better off robbing a convince store.
 
saw this ad several times this last week. i laughed my ass off each time is saw the apr pop up. "sure the money is expensive".....:lol:....unless there's a couple gangsters with ak's looking for me and their 5g, i'll pass......:wtf:
 
That is insane. Short of a situation in which someone is holding a gun to your head saying "Get me $5,000 and borrow it from and Indian or I'll kill you," there is no situation worth making that deal.
 
I wonder if they break your legs and stuff, like loan sharks on TV? :lol: I can't believe there isn't some law against completely fucking people out of money? I mean, it's frowned upon when the pyramid scheme guys clean out peoples bank accounts. This is sort of the same thing, IMO.
 
There are. They aren't subject to the same laws because they operate on an Indian reservation.
 
^ agree.


I'm sure people will do it. I worked at Sears one summer in high school and people would load up their Sears card with thousands in tools with an APR of 23%.
 
They say "you can keep the cost down by paying it back faster" lmfao. I wonder if they give you a complimentary spit before they ram it up your ass.
 
You have not lived till you've driven through a reservation out west. 80 MPH speed limit with horses, dogs, cows, other animals, and people 10 feet from the road and no fences to keep them out of it.
 
sardeanie said:
You are right, and the fact that the ads are in circulation means that more than a few folks are that desperate. Kinda crazy, kinda sad.
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Yeah, I agree on both points. But how the hell does somebody make that monthly payment if they don't have the money to begin with?
 
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