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Widescreen
5/31/2007, 12:28 PM
So I'm watching TV this morning and who appears on the screen but the incomparable Gary Coleman. It seems he's pitching a quick loan service called CashCall.com. As the commercial ends, the fine print briefly appears before going back to the show. I only got a glance at the text and thought I mis-read so I rewound and here's what the fine print shows:


The APR for a typical loan of $2,600 is 99.25% with 42 monthly payments of $216.55. Credit approval is not guaranteed and depends on the lender's credit standards.

Hmmm. 99.25% APR? 42x216.55 = $9,095

Where do I sign?

I can honestly say I've never seen a commercial outfit with almost 100% APR. I think 22% is highway robbery. :eek:

Widescreen
5/31/2007, 12:29 PM
Froze, is this a good deal? I've got car repair bills coming due...

KABOOKIE
5/31/2007, 01:47 PM
Here's their rates....

Don't forget the $75 origination fee.

http://www.cashcall.com/General/Rates.aspx

Boomer.....
5/31/2007, 01:54 PM
Sign me up!

Widescreen
5/31/2007, 01:55 PM
Score! They have a 60% APR on one of their loans. But their site indicates that's reserved for people with excellent credit. :(

KABOOKIE
5/31/2007, 02:00 PM
I'm pretty sure people with excellent credit don't need a 60% APR loan.

Mjcpr
5/31/2007, 02:02 PM
I'm pretty sure people with excellent credit don't need a 60% APR loan.

You can enhance your sarcasm detector in the UserCP settings.

:D

Beef
5/31/2007, 02:05 PM
So I'm watching TV this morning and who appears on the screen but the incomparable Gary Coleman. It seems he's pitching a quick loan service called CashCall.com. As the commercial ends, the fine print briefly appears before going back to the show. I only got a glance at the text and thought I mis-read so I rewound and here's what the fine print shows:



Hmmm. 99.25% APR? 42x216.55 = $9,095

Where do I sign?

I can honestly say I've never seen a commercial outfit with almost 100% APR. I think 22% is highway robbery. :eek:
Wha choo talkin' 'bout, Widescreen?

KABOOKIE
5/31/2007, 02:05 PM
You can enhance your sarcasm detector in the UserCP settings.

:D


I can't find it.

Howzit
5/31/2007, 02:06 PM
You can enhance your sarcasm detector in the UserCP settings.

:D

Your humper-be-er option is obviously selected.

Mjcpr
5/31/2007, 02:09 PM
Your humper-be-er option is obviously selected.

I'm giving you the toe faynger as we speak.

KABOOKIE
5/31/2007, 02:11 PM
To whom it may concern:

I recently called Cashcall as a last resort to help me get a foothold on life. Your rep Sean Cowell spoke with me via chat and walked me through everything that I needed. It was done so quickly and painlessly that my head was spinning by the end. I have never dealt with a company who was willing to give the little guy a chance without feeling like I was selling my first born. Sean was awesome and deserves a raise or a 3 week paid vacation. I am going to recommend CashCall to everyone I meet, even if they don't need a loan. Thanks Again!

Your newest fan!

Mjcpr
Tulsa, OK

Howzit
5/31/2007, 02:11 PM
I'm giving you the toe faynger as we speak.

Hypothetically speaking, for those of you playing at home.

Mjcpr
5/31/2007, 02:12 PM
I have excellent credit and don't need a 60% APR loan.

KABOOKIE
5/31/2007, 02:12 PM
I'm giving you the toe faynger as we speak.


Hey that's better than giving the flippin' danger from yesterday. :D

Beef
5/31/2007, 02:14 PM
I have excellent credit and don't need a 60% APR loan.
BRUCE!!!!!

Mjcpr
5/31/2007, 02:15 PM
BRUCE!!!!!

I could do it if I wanted to because my investments are currently earning a >60% return.

TheUnnamedSooner
5/31/2007, 02:37 PM
Anyone need a loan? I'll loan you some money at 50%APR AND you don't have to have excellent credit!