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Discussion Starter · #1 ·
I have saw the western sky commercial on tv several times. The part that got me is when they say the money is not cheap. I decided to look it up and see what the rates are and was suprised that the apr was over 100% on all the loans and if you borrow $5000 they expect you to pay back 40k roughly over seven years. I am just trying to figure out what the catch is and why would anyone pay interest rates like that. Here is a link to the rates page
http://www.westernsky.com/General/Rates.aspx
 

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RED ROCKET
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8,636 Posts
them ****** will scalp you ass if you dont pay it back...the indian mob has made it to primetime.lol
 

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If you need to borrow money that bad, at those rates, how would you expect to pay it back ?



Loansharking plain and simple.
 

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Loan shark operation.........No way in hell that could be legal, or maybe it is a if you are an Indian.
 

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3,518 Posts
I looked them up today after seeing their commercial, I couldnt read
the interest rate from the commercial but sure as hell found it on
the website
 

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Who Farted...?!?!
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3,485 Posts
wow....just ridiculous!!
 
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