🔴47% Interest Rate LOAN !!! #RIPOFF⛔

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🔴Due to the structure of a payday loan, interest is calculated differently than a traditional bank loan so the equivalent interest rate can be very high.

“The effective interest rate of a payday loan is somewhere in the neighbourhood of 400 percent. So for example, if you borrowed $1,000 after a year you would have paid back up to $4,000 in interest and fees” said Emery. #RIPOFF

DECLAIMER – WE DO NOT OFFER OR GIVE FINANCIAL ADVICE !
AS I ALWAYS SAY – DO YOUR RESEARCH – AND ASK LICENSED PROFESSIONAL

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Please watch: “Mike in The Night ! – The Great Reset – #mikeinthenight #talkshow #Thegreatreset”

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CashNetUsa

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CashNetUsa.com

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Comments: 9
  1. Prezzie Lopresti

    It’s not really a ripoff if you agree to the terms before hand

  2. VancouverCanucksRock

    Did you know, collections MF'ers try to go after small debts from 12+ Years ago, trying to say it's 20 times more than what was owed, and they'll give you a deal of 97% off if "paid now"? Disgusting parasites

  3. Rui Carson

    Australia reserve bank is 0.5%

  4. Jem Rose

    preying on human need just like in Charles Dicken's time

  5. stephen sewell

    Hamilton "spot" loan is 15 points on the dollar(before covi up to $7,000.00. After covi $3,000 max)

  6. Den Cetrov

    Mike, hire her for cant read market talk!

  7. vernon gale

    That’s how corrupt the evil our world has become

  8. Rustom K

    I thought there were anti-usury laws in N. America…………..guess not!

  9. Lord Humongus

    https://youtu.be/hyCJ6HUfwB8. No more Vig on the Wig woooooooooo.

Comments are closed.