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Old Apr 16th, 2010, 09:22 PM   #5
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Re: Tennis Instructors

Quote:
Originally Posted by Dunlop1 View Post
Also, NEVER EVER take out pay day loans.
A $500 pay day loan in Florida will have an APR of 286.79%!!!!!

Taking a loan for tennis lessons, esp if it is just for recreational lessons is not financially responsible.
If your kid is training to get into a high school program and for college and you are low on funds, I understand it.
In any other situation, better forgo that loan. It is ridiculous.
I'll give you odds that almost anytime someone posts a live link to a sleazeball outfit like a payday lender on an internet forum, its because they're getting paid to do so.
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