Cash Call…What A Scam!
Here’s one for ya.
I was watching the tube the other day when a commercial for Cash Call came on. “We loan you money just because we trust you“ the announcer said.
Bull shit…you loan them money so that you can rape these poor desperate boobs and make a fortune on their misfortune (even my uncle Vito would be ashamed to run a scam like that…and he breaks knee caps for a living!) Read on…
A disclaimer flashed briefly in tiny print at the bottom of the TV screen…
Example is based on payments of $216.55 per month for 42 months on a loan of $2600 at 99.25%! 99.25 fucking percent…let that sink in for a second. That’s not 9.25%…and it’s not 19.25%…not even 29.25%! No…it’s NINETY NINE point 25 Mother Fucking percent!
Repeat after me 99.25%…99.25%…99.25%…99.25%
That works out to $9095.10 total payback on a $2525.00 loan (they have the balls to charge a $75.00 origination fee which gets deducted from the $2600 loan proceeds)! That means these poor bastards are paying $6570.10 in interest! Jesus Christ what the fuck?
What the hell happened to state usury laws? Sure, I’m against more government involvement in our lives, but if there was ever a time…
Ya know, I need to calm down before I bust a mu’ fu’ blood vessel…
Jesus…that’s just not right!
For more on this obscene company go to http://www.consumeraffairs.com/finance/cashcall.h...
August 14th, 2009 at 5:57 am[...] Recent Comments TheCarGuy on Cash Call…What A Scam! [...]
August 25th, 2009 at 6:56 pm