|Outside the Cube|
Computer Hardware (2)
Dating Scams (5585)
Real Estate (72)
Tax Deductions (4)
Male Dating Scammers (1874)
Other Scams (20)
Spammer Businesses (5)
New related comments
Number of comments in the last 48 hours
Well-respected bank offering Payday loans
Monitoring your credit with TrueCredit
How can all that mortgage debt ever be repaid?
Bank of America making risky loans?
Citibank's dirty tricks with their 0% interest offer
How can I get out of that CashCall loan?
1 comments. Current rating: (1 votes). Leave comments and/ or rate it.
Question:I have a loan with Cashcall over $10,000 and I pay them 99.75% interest. How can I get out of this trap?
Answer:A friend of mine had a cashcall loan at 59% and I was shocked when I found it out. I referred her to www.prosper.com and she got the payoff amount ($4300) at 15.85%
Depending on your credit you will get maybe 20% (higher rate because higher amount = more risk)
My friend created her listing Friday evening, the auction lasted 7 days, got the money deposited into her account the following Monday (10 days from start to end including 2 weekends)
When you go to prosper.com, I suggest to join a group called 'Payday Loan Terminators'
They can help you. I am not afiliated with them, only that I lend money to people on prosper. This is the link to them:
You can also join another group. In general, joining a group increases your chances to get funded at a lower rate.
You may want to list initially at a higher rate e.g. 25% and hope that it gets bid down.
Another good source are their forums: