Where can i get a quick thousand DOllar Loan? That can be repayed within one month? That Does not have 20% APR

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Where can i get a quick thousand DOllar Loan? That can be repayed within one month? That Does not have 20% APR

2006-10-06 07:04:56 · 2 answers · asked by averno151 1 in Business & Finance ➔ Personal Finance

2 answers

No one will lend you a small amount of money for a short period of time for a low interest rate.

If you borrow $1000 at a 20% APR for a month, you will pay back $1016. That's alot of compliance paper work and man-hours for a bank to only make $16.

2006-10-06 07:40:12 · answer #1 · answered by trigam41 4 · 0⤊ 0⤋

He's right. You're gonna have to borrow from family or friends for a 1 month loan.

2006-10-06 08:08:11 · answer #2 · answered by morlock825 4 · 0⤊ 0⤋