If one thinks about, a lot of the “payday” loan places legally charge interest rates that could be that high (that the FB might go that route). In my state, we (the voters) passed a law to limit the rate that can be charged on payday loans. I don’t remember the max rate offhand, but I think it is less than 30%. If one figures it out some rates were up to 400%!
elbee57 over 13 years ago
Wish I could tell my bank that.
pouncingtiger over 13 years ago
@elbee57, don’t we all.
Yukoner over 13 years ago
Give FB a job collecting delinquent loans from others.
GROG Premium Member over 13 years ago
I guess calling in the loan is out of the question.
Good Morning, Fellow Cave Dwellers.
Sandfan over 13 years ago
Service with a [gap-toothed] smile.
freeholder1 over 13 years ago
Collateral just became a forward smash.
Coyoty Premium Member over 13 years ago
Collateral damage.
makemlaugh over 13 years ago
She’s the type that could break the bank.
frrykid Premium Member over 13 years ago
If one thinks about, a lot of the “payday” loan places legally charge interest rates that could be that high (that the FB might go that route). In my state, we (the voters) passed a law to limit the rate that can be charged on payday loans. I don’t remember the max rate offhand, but I think it is less than 30%. If one figures it out some rates were up to 400%!
SaunaBeach over 13 years ago
STOP IT, frrykid! You are making me THINK!!!!
sjoujke over 13 years ago
She’s a tough negotiator …. probably got a “no interest” rate loan.