Term: 66 months (5 years 6 months)
↳ Payments: $529.71 / month
Overpayment: $3,709.12 (11.87%)
Here's what bank could buy on the money they would make on this loan:37 small laser printers or 74 desk chairs
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"Lenders, including major credit companies as well as payday lenders, have taken over the traditional role of the street-corner loan shark, charging the poor insanely high rates of interest."