I just got a letter from Pacific Retail Finance. Apparently, a loan of $2,000 to $100,000 is just a 10-minute phone call away! (Dare me to call and try to convince someone to lend me a hundred grand?) "No worries. And we promise to keep it simple. No confusing bank jargon and no hidden costs."
Nope. Just a nice, simple 14.9% interest rate, subject to change, minimum loan $2000.
They got my number from the LTSA database, which means at the very least, they should know that my car is almost 20 years old and in desperate need of repair! Even the most rudimentary credit check would have revealed that I have less money that a Saudi sand merchant.
So why, oh why, are they offering to lend me money and offer me "debt consolidation" on my household, day-to-day expenses?
My guess is that they think I'm stupid. And very bad at math.
(I'm going to call them and ask to be removed from their mailing list, for starters...)
Thanks
Posted by: Online Home Loans at November 19, 2005 10:14 PM4ed27368e8ae7f7df829e3152aa0db32
Posted by: Christine Appleton at May 1, 2006 11:34 PM