Western Sky Loan Commercial...just read the fine print

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  • MJT1212
    SBR Hall of Famer
    • 02-16-09
    • 5124

    #1
    Western Sky Loan Commercial...just read the fine print


    the girl was like "yes the moneys expensive"

    the fine pring said the APR was 116. something %

    OVER 116% APR.........................WOWWWWWWW THATS HIGHWAY ROBERRY
  • MJT1212
    SBR Hall of Famer
    • 02-16-09
    • 5124

    #2
    has anyone ever used them? dont lie
    Comment
    • PickWinnerAllDay
      SBR Posting Legend
      • 08-31-11
      • 12722

      #3
      No, I would never use them.

      But my buddy did mention them so I looked it up. They are based on an Indian reservation, which allows them to pretty much ignore all US laws concerning loans with APR limits... after you sign with them, they immediately sell the loan to another company.

      A 5,000 loan pays back 40,000 if you wait the full 84 months.

      I guess if your bookie is going to cut off your thumbs and you will have the 5,000 to pay back in like a month you'd only end up paying like 500 in fees. That is the only good time to use them.
      Comment
      • neverstoppers23
        SBR Hall of Famer
        • 11-26-09
        • 6302

        #4
        116 apr sounds actually low for them.
        Comment
        • DOMINATER
          SBR MVP
          • 12-10-09
          • 3698

          #5
          and they put the wiseguys in jail !
          Comment
          • MJT1212
            SBR Hall of Famer
            • 02-16-09
            • 5124

            #6
            Whos got a pending loan from Western Sky right now?
            Comment
            • ProfaneReality
              SBR Hall of Famer
              • 04-14-09
              • 7607

              #7
              Comment
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