Western Sky

**NJCardFan** · 03-23-2013, 12:43 AM

Anyone seen these ads? How can this be legal? If you read the fine print, you borrow $10K at something like 89% interest and make 81 payments of $749.99 meaning borrow $10K and pay back $60,000

**Apache** · 03-23-2013, 12:57 AM

Originally Posted by NJCardFan

Anyone seen these ads? How can this be legal? If you read the fine print, you borrow $10K at something like 89% interest and make 81 payments of $749.99 meaning borrow $10K and pay back $60,000

Because Indians are doing it, that's how it's legal. They are still lower than most payday loan outlets

**NJCardFan** · 03-23-2013, 01:14 AM

Originally Posted by Apache

Because Indians are doing it, that's how it's legal. They are still lower than most payday loan outlets

So what you're saying is that they're a low interest loan shark?

**RobJohnson** · 03-23-2013, 02:30 AM

Originally Posted by Apache

Because Indians are doing it, that's how it's legal. They are still lower than most payday loan outlets

True.

In the car business we had to pay off title loans that were over 900% APR to get the title on the trade in.

**Articulate_Ape** · 03-23-2013, 03:23 AM

They are clearly raping desperate people, but those desperate people make the choice to use their services. It is not unlike the imbeciles who took out mortgages on houses they couldn't afford, thus creating the housing bubble. People have free choice. The key is to not be stupid. Nevertheless, those guys really are scalping people, pardon the pun.

**SarasotaRepub** · 03-23-2013, 08:49 AM

Wait...you mean these folks aren't Honest Injuns????

**Articulate_Ape** · 03-25-2013, 05:09 AM

Originally Posted by SarasotaRepub

Wait...you mean these folks aren't Honest Injuns????

Dunno, but they sure are indian givers.

**noonwitch** · 03-25-2013, 09:09 AM

Originally Posted by Articulate_Ape

They are clearly raping desperate people, but those desperate people make the choice to use their services. It is not unlike the imbeciles who took out mortgages on houses they couldn't afford, thus creating the housing bubble. People have free choice. The key is to not be stupid. Nevertheless, those guys really are scalping people, pardon the pun.

Rent A Center also scams the poor and vulnerable. They are ghetto vultures.

**Unreconstructed Reb** · 03-25-2013, 11:43 AM

Originally Posted by noonwitch

Rent A Center also scams the poor and vulnerable. They are ghetto vultures.

Vultures feeding on parasites........................I have no problem with it.

**NJCardFan** · 03-25-2013, 12:49 PM

Originally Posted by Unreconstructed Reb

Vultures feeding on parasites........................I have no problem with it.

Not everybody who's poor or needs to borrow money is a parasite. It could be someone who's just starting out and who needs to make repairs on their car or home. Not everyone wants money for bling. Some people have a real need for stuff. To simply call everyone who's in need of money a parasite is the reason why we conservatives have problems winning poor people to our side.