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Take a look at this loan service from western sky....
http://www.westernsky.com/General/Rates.aspx
I saw the commercial and noticed the rate at the bottom of the screen and thought it couldn't be real...well looked and the website and was shocked...do people really do this, I mean you must be desperate.
"WESTERN SKY FINANCIAL is a Native American business operating within the exterior boundaries of the Cheyenne River Sioux Reservation, a sovereign nation located within the United States of America"
I think this pretty much means they can charge whatever interest rates they want......
@pizzadude wrote:
"WESTERN SKY FINANCIAL is a Native American business operating within the exterior boundaries of the Cheyenne River Sioux Reservation, a sovereign nation located within the United States of America"
I think this pretty much means they can charge whatever interest rates they want......
haha yeah I mean the disclose there rates pretty openly but who in there right mind would take a loan from them.
beb86, I'm pretty sure there are plenty of people that would resort to that type of an action.
Nothing surprises me anymore.
Follow my financial journey: http://www.frugalrican.com
if you do the math on payday loans it works out to like 400% APR
Yousa!
Interesting, they don't have rates listed for California....but I have seen their advertisements.
Here's a recent thread on them: