gimme that trophy

[Andyc]

You can sugar coat any way you want, it's still loansharking to me. Just my opinion.

Where should these people go for a loan?

Based on your rhetoric, Cash Call makes unreasonable profits in their "loansharking" business. Surely there must be a long line of entrepreneurs willing to step up and just make reasonable profits. If not, are you suggesting that the people in need of a loan just suffer the consequences of not getting a loan?

[Joel]

You can sugar coat any way you want, it's still loansharking to me. Just my opinion.

Where should these people go for a loan?

http://www.trutv.com/shows/hardcore-pawn/index.html

[Andyc]

Saying that the interest rate they charge is against the law and that they cant do anything to you at all if you bounce a check with them. The term they use is non-collectable debt. the sign also goes on to say that the interest rate annuallly is (if i recall) 485 %. it goes on to say if you do bounce a check with them or write them a check on a closed account
or cancel the check that it will go on your credit report

Seeing how Cash Call does their business over the phone and internet I would be curious as to where you saw such a sign.

[Hollywoodmike]

You can sugar coat any way you want, it's still loansharking to me. Just my opinion.

Where should these people go for a loan?

Based on your rhetoric, Cash Call makes unreasonable profits in their "loansharking" business. Surely there must be a long line of entrepreneurs willing to step up and just make reasonable profits. If not, are you suggesting that the people in need of a loan just suffer the consequences of not getting a loan?

Yes I do. Learn to negotiate with your creditors and come to some type of agreement. Takes a little of intelligence and
negotiating skills. Like finding the right interest rate on a mortgage. I hate the insinuation that all cash strapped people
are dumbasses.

[Andyc]

Based on your rhetoric, Cash Call makes unreasonable profits in their "loansharking" business. Surely there must be a long line of entrepreneurs willing to step up and just make reasonable profits. If not, are you suggesting that the people in need of a loan just suffer the consequences of not getting a loan?

Yes I do. Learn to negotiate with your creditors and come to some type of agreement. Takes a little of intelligence and
negotiating skills. Like finding the right interest rate on a mortgage. I hate the insinuation that all cash strapped people
are dumbasses.

The insinuation is all on your part. I am suggesting that the free market works quite well in the lending business. People who are going to Cash Call for a consumer signature loan are way past the sit down with your creditor stage. To suggest that they haven't explored all of their options is making what kind of an insinuation?

[Andyc]

[quote="Andyc"

Where should these people go for a loan?



http://www.trutv.com/shows/hardcore-pawn/index.html

You are assuming that the borrower would have something of value to borrow against.

[Crazykid]

im talking about those places that make pay day loans, i assumed thats what cash call does.

[Andyc]

im talking about those places that make pay day loans, i assumed thats what cash call does.

You assumed incorrectly.

[Crazykid]

its the same bolllove just done a different way. if he is charging more than 20% interest he is nothing but a thief.
taking advantage of peoples problems. not unlike any american oil company. these oil companies could sell gas for
.30 cents a gallon and still earn billions every day. so let me get this streaight, you see nothing wrongt with oil companies making 600% profit on a gallon of gas?
like i said the fbi put 100s of mobsters in jail for charging 30% interest on loans in the 1930s. but azzholes like redam can charge triple that and its ok, the american way, just doing business.

[Andyc]

its the same bolllove just done a different way. if he is charging more than 20% interest he is nothing but a thief.
taking advantage of peoples problems. not unlike any american oil company. these oil companies could sell gas for
.30 cents a gallon and still earn billions every day. so let me get this streaight, you see nothing wrongt with oil companies making 600% profit on a gallon of gas?
like i said the fbi put 100s of mobsters in jail for charging 30% interest on loans in the 1930s. but azzholes like redam can charge triple that and its ok, the american way, just doing business.

Nonsense once again.

http://www.consumerenergyreport.com/201 ... e-gouging/