Spend $4,300, get $1,750 straight back after three years. One man’s cautionary tale about ‘ savings loans ’
Spend $4,300, get $1,750 straight back after three years. One man’s cautionary tale about ‘ savings loans ’ Cody O’Day desired to borrow cash to get furniture to create an Airbnb up. Alternatively, he wound up with that loan contract stipulating he’d need certainly to spend almost $4,300 to be able to get $1,750 just after 36 months. O’Day enrolled in what some call a “credit-repair loan” or “secured cost cost savings loan, ” for which borrowers get no cash [...]