While watching a little T.V. today, I saw about 5 Western Sky loan advertisements. You know the ones; they have an Indian talking with drums in the background with him explaining that the money isn't cheap, but its your only hope in a time of crisis or some B.S. like that.
Well, I went to their website out of curiosity. I was expecting to find a high interest rate, say something like 25%, with a high loan fee attached. But
194% APR????
![Mfr Omg](https://cdn-w.eccie.net/images/smilies/modern/mfr_omg.gif)
Who in their right mind would even consider that? That's on top of a $500.00 loan fee. I thought it was a typographical error, but apparently not. If you take all 47 payments on the $2,500.00 loan, (only a $75 loan fee and a much more reasonable 139% APR) you will owe close to $14,000 dollars!
![Hypo H4h](https://cdn-w.eccie.net/images/smilies/modern/hypo_h4h.gif)
You give up $500.00 in loan fess on a $1,500.00 loan before you even see a nickel in your pocket. I found this amazing and shocking on so many levels. I guess I am easy to entertain!