UJ: shlubs who prey on the poor!

I got this piece of mail yesterday....and it angers me how many people may fall for this scam or take them up on the offer out of sheer desperation.

So, the ad says...

There's a check for $4010.39 waiting for you. Just call 1-800-###-#### to apply today.

The extra cash is yours for a monthly payment of just $144.00 a month.

What it doesn't say...at least not on the front...is that it is a high interest loan which you will be paying back with 25% interest. To get this elusive 4 grand...you will be paying back over 6 grand. Of course, it says this in tiny print on the reverse side of the document.

Places like this really, REALLY piss me off! They are preying on those who don't understand the document...and those who are in poverty and in a desperate situation. They might need that money enough to take the consequences of the high interest...grrr...

It's like those damn rent a center places...where you can take home a new couch and TV today and only pay 15 buck a week...but when you do the math, you realize that you will be paying over $2000 for a 17" TV...and a small couch. Once again...it is preying on the poor and those who can't get credit of their own.

And the car dealerships...who promise they can get ANYONE financing...well, of course they can. If you have crappy credit...they will finance you, but at a horrible interest rate. They will give you a rate that is about twice what the going rate is.... And of course, these are the people that have the least amount of money...and pay the most amount for a crappy car.

I really hate these people...we have a rent a center place here in town called, "Raper's Rent To Own." I think the name is very fitting...

*grumbles*

Shelley