Spend $4,300, get $1,750 right right back after 36 months. One man’s cautionary tale about ‘ savings loans ’
Spend $4,300, get $1,750 right right back after 36 months. One man’s cautionary tale about ‘ savings loans ’ Cody O’Day desired to borrow cash buying furniture setting up an Airbnb. Alternatively, he wound up with that loan contract stipulating he would need to pay almost $4,300 so that you can get $1,750 only after 3 years. O’Day subscribed to what some call a “credit-repair loan” or “secured cost cost savings loan, ” by which borrowers get no cash upfront [...]