1 /5 Modern Skyn Alchemy Handcrafted Skincare: I came across a TikTok video trying to convince people that 10% interest for debt consolidation was a brilliant idea. Now, I’ve got my fair share of debt, but I’ve never missed a payment. I knew I’d be approved — I always am — but since I’m the sort who actually bothers to read the small print (imagine that), I had a look. And lo and behold, the devil had scribbled all over the fine print in bold.
Let’s be honest: the only people taking this loan are either in such financial desperation that it borders on cruelty for any institution to offer it, or they’re the sort who have absolutely no intention of paying it back. There’s no middle ground here.
Luckily, I fall into the third category — the reasonably responsible adult who can walk into Chase and secure a private loan at a far more palatable 16%. Still a bit cheeky, but at least I won’t need to remortgage my soul.
At 700%, I’d honestly be better off finding a bloke in the back room of a dodgy pub — you know, the sort who actually breaks kneecaps. At least with him, the terms are clear and there’s no nonsense. Pay back double, maybe triple — not seven bloody times the amount.
I needed money fast and was able to get $1400 the same day for less than $300 in interest. I was able to immediately transfer the funds into my bank account in less than five minutes AND, if I pay it off sooner (which is what I’m doing), the interest is even less. Don’t be foolish. Shop around. Don’t ruin your financial situation over a knee jerk reaction.
