Would you agree to pay 90% interest on a loan? Poor Toni apparently did, posing a scary question to Bankrate.com’s Steve Bucci. Apparently, Miss Tony borrowed $1200 and the lender is demanding $90/mo. in interest – or 90% annual simple interest (i.e. not compounding). The answer that Bucci gives is funny because he gives two of them after a few words of advice about borrowing money in general.
- Sandy Lincoln:
- How To Win McDonald’s Monopoly Game (2679)
- How To Win McDonald’s Monopoly Game (2010) (2008)
- $7500 First Time Homebuyer Tax Credit (1254)
- How To Win McDonald’s Monopoly Game (2012) (1136)
- United First Financial Money Merge Accounts: Scam or Legit? (1076)
- Rent Forever, Don’t Buy A Home (1070)
- Making Home Affordable Mortgage Refinance & Modification Program (993)
- I Hate U-Haul Truck Rental (And So Does Everyone Else) (774)
- 2008 Tax Rebate Stimulus Package Explained (734)
- Costco’s Incredible Return Policy (731)
Advertising Disclosure: Bargaineering may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.