Monday 27 February 2012

How much interest on a loan?

Here's a shocker to think about....

You borrow $5,000 from any Banks or Lending Institutions and repay that loan over only 4 years at $153 per month.... how much interest do you end up paying ?

You end up paying back $7,344.. so Interest on a 5 Grand Loan is almost HALF.. $2,344 !!!!!!!

What a RIP OFF!!!!!!

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