Qwic Industries - Gone!

[Bob Rooks]

I thought usury was against the law. This could be interesting.

 

[Red55]

Bob-
Me too (against the law) but with the fed deregulating anything that helps business (sticking to the small guy is a bonus) who KNOWS? Having seen interest rates of 21 to 28% on credit cards; that is loan sharking in my opinion. What about this mortage mess where the fed gov is bailing out the "brains" that created these mortages but leaving the idiot (me included) that signed the mortage papers that my lawyer pretends that he understands, holding the bag. Sorry I'm wondering off. . . Glad Qwic Industries has all this money to lend HOPE he made everyone he sold tractors to "whole' first -Ed

 

[Gerifalte]

Well the web site has changed, it looks like he switched to giving short term loans at 80% apr!!

Wow, that's some change! I wonder if this gent ever paid the money back to all those eBay users! Very sad to see this.

G

 

[bluechip]

shouldn't take long to raise enough cash to cover any outstanding obligations at those rates of income! wonder if it same outfit or if the URL changed hands....

 

[Diamondpilot]

If it is a different guy I would watch my back. The guy that ran Qwic and ran off with the money is a prime target for a bullet in the head.

Chris

 

[arveeotto]

I guess if he can't seal from you on way, he's gonna get it another way. I really hate thieves, no matter what legal loop holes they hide behind. Hope he gets his just deserts in the end.

Rick

 

[GuglioLS]

The "cash" you receive is probably Monopoly money or counterfeit bills, same difference. Or it's the real money stolen from the botched e-bay "sales" or walk in's. Would not surprise me if they wanted 6000 down for a 2500 loan.

Larry