Wednesday, July 18, 2012

So Octomom wants to loan ME money???


From Starcasm
          

"Mom of 14, and pop culture staple Nadya Suleman has turned to nude photos and self-porn to support her large family, and now she’s got a new business venture: Endorsing a short-term loan network named Octo Loan.
It’s actually a service that searches for short-term loan lenders based on the info you give them, and helps you find a better rate (with these types of loans, even the better rates are pretty bad.) For example, from the site, “A loan of $100.00 for 14 days could cost $25.00 in fees. The total amount to payback could be $125.00 with an APR of 651.79%”
651.7% !!!
And that’s pretty good for a short-term loan. The reason they don’t tell you the APR is 651.7% is because they can say that it’s a weekly rate of 12.5%, which doesn’t sound so scary. It’s super scary when you think that 12.5% is the annual percentage rate for a lot of credit cards."


That's one hell of a transition from stay at home mom raising 14 kids, to stripper, to aspiring Pornstar, and now handing out loans. Seriously what CAN'T this woman do she should teach seminars at the YMCA. Really tho, Octomom may be the secret to saving America from our Economic downfall do I smell a 3rd party presidential run in her future... Obama Who???


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