Wednesday, August 01, 2007

Better read the small print

I captured this from a TV commercial for CashCall. These commercials feature Gary Coleman, former star of Diff'rent Strokes.

An APR of 99.25%!!! You would have to be desperate or nuts. I can't believe it's even legal to charge this much interest. Forty-two payments of $216.55 totals almost $9100 to pay off a $2600 loan.

No comments: