I head these commercials on the radio and I was wondering if anyone has heard of them and/or used their services?
2007-01-15 05:33:26 · 5 answers · asked by crimsongraycoug 1 in Business & Finance ➔ Credit
Yes, And i don't recommend it for anyone. I signed the papers, and afterwords realized that I had agreed to a 96% interest rate.
At the time i signed them I was in a really bad financial situation. I realize this sounds like I am a moron for having done it, but it is what it is. It's nice to have a source like cash call but i would seriously weigh what you're getting into with them.
Convo:
Me - When i make this payment of $216.00 today how much of that will be applied to principal?
CC rep - about $10.00
Me - you mean I'm just giving you $206.00??
CC rep - Yes...
Me - you know I can get a better rate from the mafia right?, you know this is worse than loan sharking right?
CC rep - Yes...
Needless to say I will never deal with them again once I am done, and I don't reccomend them for anyone.
My Interest rate was of course determined by my poor credit, However a rate of even 59% still fits the definition of predatory lending.
Be Carefull!
2007-01-18 01:46:01 · answer #1 · answered by revco32 1 · 0⤊ 0⤋
Just another name for a payday loan.
2007-01-15 14:09:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If I were in a situation, I would use Cash Call before I used a Payday loan place.
2007-01-15 15:13:31 · answer #3 · answered by Anonymous · 0⤊ 3⤋
just go to yhe web site, typ in cashcall,com, there you will see, were the fcc & fbi are checking them out?
2007-01-18 13:45:05 · answer #4 · answered by Harry C 1 · 0⤊ 0⤋
i just visited their site
59%
89%
and 96% loans i don't think you should touch that place
http://www.wesayes.com go there if you need a loan
2007-01-15 13:55:06 · answer #5 · answered by bali 1 · 2⤊ 2⤋