Re: Loans at 2689% APR
The very high Annual Percentage Rate is purely because the loans are short term.
You really wouldn't borrow on a long term loan with rates like that.......personally, I try very hard not to borrow any money from anyone.
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The world will not be destroyed by evil people...
It will be destroyed by those who stand by and do Nothing.
(a paraphrase on a quote by Albert Einstein)
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