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How People Get Payday Loans With No Intention of Repaying Posted by: paydayloanpro
Video duration: 350 seconds Related: N/A Display Video Comments | Hide Video Comments | Add Comment |
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By: JesseusM. on 13 Nov 09, 12:43:13
fuck ya love stealing love this guy gonna rip them all off
By: paydayloanpro. on 01 May 09, 16:37:49
Actually the payday loan companies factor into their profit margin the fact some customers will never repay their loan. The interest rates are closer to 455% if you take a loan out and just pay the interest for one year. For example, if you take out a $500 loan the interest payment due in two weeks time could be up to $87.50. that comes out to $2275 in interest alone at the end of one year, not including repaying the $500 originally borrowed. Payday loan companies are still making mega cash
By: skilz2bseen007. on 01 May 09, 15:43:32
I'm glad payday are being ripped off because they are intentionally robbing hurting people with 300+ interest rate.