paying off debt at 396% interest - how??, page-8

  1. 11,875 Posts.
    "thats ridiculous, it means they are paying off the debt every 3 months...so if they are doing that why couldnt the imf lend maney at 10% and it will be paid off in under 4 months....something not right..."

    my thoughts exactly, this doesnt make sense at all

 
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