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Wtf
I'm sure all of us on here have and continue to receive unsolicited offers for cash loans from time to time in our mail, but today my jaw dropped. Whenever I receive one of these I always look at the APR. and get a chuckle at how high they are. But today I received what can only be described as the mother of all APRs.
You're pre-approved for an instant $800 loan with an APR between 301% to 349%. I thought that was a misprint but no, it's the real deal.
In case anybody's interested it came from an outfit named CashNetUSA.
I'm sure glad that even though my wife and I are retired we still can squirrel away $175 per week and not have to be desperate enough to be tempted by these offers. Thoughts.
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