Are you sure you want to report this post?
Re: Image comments for Loan Rates - 300 - 600% interest - No Legs Broken.... what a deal!
Posted by: pulse
Date: 04/10/2013 07:17AM
The wonders of compound interest
$1000 payable over 12 months at.. :
APR: 391.00 %
Monthly Payment: $409.16
Total Payment: $4,910.00
Total Interest: $3,910.00
$1000 payable over 12 months at.. :
APR: 664.00 %
Monthly Payment: $636.66
Total Payment: $7,640.00
Total Interest: $6,640.00
Sounds like a total bargain. I need to get into this business.
We Break Legs(tm)
You may optionally give an explanation for why this post was reported, which will be sent to the moderators along with the report. This can help the moderator to understand why you reported the post.
