Western Sky APR 89%...WTF

[MJT1212]

I just saw another commercial for Western Sky, the Indian loan people, and NOW there rate has increased to 89% APR.

WHAT

THE

FUKK

Only way I would take this loan if I was planning to sail away to another country and never come back

[Br0nxer]

Iwinyourmoney and mug made a great video while in vegas calling one of these place

the loan was for like 5k

and the payments ended up totaling about 25k

[PickWinnerAllDay]

The only way you should take out a loan like this is if you are just not very liquid at the moment and can pay it back in like 1 month. Either way, there should be better options.

[MJT1212]

yea i guess if you really really need it to make an investment that will virtually guarantee a profit in a months time, then taking the loan out and paying at end of month could be feasible...but for people taking the money to gamble/pay bills with are going to be in a load of shit if they take this one

[TheMetsSuck]

what happens if you don't pay them back? Does some big sitting bull looking ************ come knocking on your door?

[PickWinnerAllDay]

what happens if you don't pay them back? Does some big sitting bull looking ************ come knocking on your door?

No, the native Americans sell the loan to a normal US bank once you sign it.