Quote:
Originally Posted by **********
Why did you switch places?
If you borrowed $370 and paid back $425, you paid 14.86% interest on your loan. When you borrowed $230 and paid back $270, you paid 17.39% on that loan. You should have stayed with the first one, it was cheaper.
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In this state you can can't legally make two of these loans to one person simultaneously.. So that wasn't an option. (we needed the second loan to cover part of the first) The only thing I may have been able to do was carry the loan for another two weeks, but I wanted this one to be as small as possible.. and I think they can only do one per month for someone, legally, too..