That is a photo of an ad running on TV. It's a loan shark outfit called Western Sky that will gladly loan you $10,000 at an interest rate of 89.68% with 84 monthly payments of $743.99. Where do I sign up?
My guess is that, because it's a "Native American-owned business" that is "operating on a Native American Reservation" they can get away with charging 90% interest on a loan. Otherwise, they would probably have the Federal government questioning their practices. Finally, we have closure on the whole "Indian Reservation" deal. This is how they get even with us white-folk. It's also nice that there are "no fees for early pay off" as though you could pay off a 90% interest loan early.
I wonder how many phone calls they get? Like the kid who sells lemonade for $50 a glass, they only have to sell one. I can't be the only person who paused his TV mid-stream to read the fine print on the ad.
Or am I?
