/biz/ - Business & Finance

>>55717887
The guy behind these scams had his headquarters right down the street from me

>>55717915
I'm interested tell me more

>>55717887
Yes, but I wouldn't pay it back. AH GEEZ DOOD, SORRY INJUN MAN, MAYBE 3 DOLLAS?

>>55717940
That's how you get the Sheriff's department on your arse.

>>55717940
>You no get peace pipe, you get lead pipe up side head

>>55717958
Sounds sbout right, those are loanshark rates.

>>55718019
I almost thought about getting a loan from them but I had my reservations. My bank account was in the red and I wanted it to be in the white.

16.73% APR
I could just die!

>>55717887
You ever heard the phrase "indian giver"?

>>55718034
*116.73%

>>55717887
>>55717915

>Get $5000
>Pay $32000

do Americans really?

>>55718440
https://youtu.be/AjY3ZslfB6c

>>55717887
117% APR over 84 months hahahahhaa how is this even legal


I guess that’s what white Americans get for not finishing off the redskins

>>55717946
do people actually believe this? That the Sheriff comes to your house for an unsecured Loan? LOLLLLL, you're a nice boy.

>>55718544
They can in some states if you're served with a summons doesn't mean they'll arrest you however

>>55718640
Never happens in practice, not even close to worth their time

>>55718440
>Pay $32000
486.58*84=~41000

'Murrica, baby! Free market in action, keep the damn gubernint out of businesses!

fool.com/investing/general/2015/05/19/western-sky-loans-are-no-more-but-we-can-all-learn.aspx

Good thing I learned (at least) one thing from reading Donald Duck/Uncle Scrooge comics back when I was a kid: always read the fine print.

>>55717887
Would you anons?
Take the loan, of course.

Captcha: MVK88
HH borther, HH

>>55718797
Actually this was illegal and the only reason it was allowed to happen was because it's on land that the US government technically doesn't govern

>>55717887
The guy literally says "yes, the money's expensive, but..." in the commercial, lmao
They knew that even the average retard would see those loan terms and immediately be like "nigga, wtf"

why are some dudes pissed at this? its le noble savage exploiting indians in the reservations

>>55718874
The trick is to have them glance over the contract

>>55718808
I'll rather invest in the future than take this shit for a loan. Some projects seem to be pushing the boundaries of web3 tech, and I plan to take advantage. I've join the Peaqnetwork and Eloop one car tokenized Tesla car sharing service function.

>>55718032
underrated

>>55718808
explain to a not american - how do you call a number with SKY in it?

>>55719035
>personal item sharing
yeah, how's air b&b doing? kek

>>55719087
1= ABC
2= DEF
3= GHI
Ect.

>>55719101
So C is 111, E is 22, right?

>>55719104
No, look up T9 texting and you'll get a diagram of what letters were on what keys. For a phone number SKY would be 759.

>>55719087
You need to be 18 to use the site

recently got a $10k loan at 16%
yes i'm poor
expensive, but not as much as most CC's
paid off some cards
put some in the brokerage for degenerate options trades
currently long PLTR in shares and options

>>55717887
take the money and don't pay back, they have no way to enforce it

>>55719104
Nah, that's how it worked on cellphones, that would make too much sense for americans to do it. (and phone numbers are too short for it to work)
C would be 1 (the key where that letter appears)
E would be 2

>>55718831
So then defaulting on it can't be stopped by US Gov no?

>>55719151
Your credit would still be hit.

>>55719147
Beans and rice

>>55719444
>So then defaulting on it can't be stopped by US Gov no?
Well I mean the government changed the law in regards to reservations and forced this company in particular to pay people back

>>55719147


I got 10K for 7.5 interest when this covid shit went down. That was the time to get personal loans.

>>55718808
Would breed if you know what I mean.

>>55718886
It’s not really Indians running it. It’s just typical loan sharks that buy off the tribe to operate on their land to fall under tribal laws and get away with crazy rates.

>>55721337
this. That's why its so despicable.

>>55722650
you're only upset because they have finally found a way to btfo burgermutts

based if you ask me

>>55718440
Yes. It’s good for building up your credit score.

>>55718831
>>55721337
>tribal laws
It's amazing the amount of jurisdiction the US gov gives over tribal land. And the amount of gibs they get puts every other minority to shame.
I dated this crazy indian (native) chick once and every month they would send her like $2k just for being native. She had like 5 kids and they all got tons of cash too.
She onced tried to get me to visit her tribe and I'm glad I didn't. Later found out they can basically detain you for any reason and don't have to abide by any US law.

>>55718507
It’s not just the Native Americans. This happens all the time in auto financing across the country and it’s totally legal as long as your disclose it to the borrower. There is no legal maximum on interest rates in the US for things like this.

>>55718032

>Western(((sky)))
I wonder who could be behind this...

>>55719035
Based chad, I bagged a make-it stack of the tokenized teslas seeing as they would earn users rewards from driving.