What is generally the highest rate consumer loans are issued by?

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What is generally the highest rate consumer loans are issued by?

2007-03-07 12:34:12 · 1 answers · asked by prisdiaz 1 in Business & Finance ➔ Investing

1 answers

Look out for those title pawn loans and payday advances. There is no regulationon these type of loans and I knnow someone who did a title loan on his car and over a $5,000 loan he lost his 3 year old Lexus to the company. They not only charge high interest but the late charges and penalties add up FAST.

2007-03-07 12:40:18 · answer #1 · answered by sweet sue 6 · 1⤊ 0⤋