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25% would be a relative bargain - that's better than some people's credit card rates. The screenshot in the article shows a range of 60-225% APR.
by ac29 7y ago
25% would be a relative bargain - that's better than some people's credit card rates. The screenshot in the article shows a range of 60-225% APR.
- chasd00 7y agoWell keep in mind, to a cash strapped individual that "minimum required payment" line is very attractive. a $3k loan can turn into a decade of "minimum required payments" that sum to well over $3k without even touching the principle owed.