Tone Parsons

It’s sad how lending companies often target those who can least afford it with easy loans and crazy interest rates.

A torrid example: Cash Call (a company that’s been advertising heavily in my area). In the state of Washington, they offer the following rates for loans:

HOLY CRAP!! On the $2,600 loan (of which, you actually get $2,525 because they subtract the $75 origination fee before paying you a dime), you end up paying back $9095.10 over 3 and a half years.

Even the 29.26% rate over 2 times as high as my worst credit card’s interest rate (and that’s for Exceptionally qualified applicants only) .

Of course, anyone with good credit would never use a service like this. This is just an attempt to extort money from people who have credit problems, offering them a loan with insane terms.

Of course, if you think that’s bad…. you should look at what the payday loan company’s charge. For example, this was pulled from MoneyTree’s website (again, rates for Washington State based on a 14 day loan)

This should be illegal.

Sadly… there are about 15 payday loan franchises within a 5 minute drive from my house, so business must be booming for them (as they suck the life out of those who can’t afford it).

It’s been a while since I’ve posted anything of actual content.

My brain is muddled by narcotics and it’s rather difficult to write about much of anything in a logical way. So… I shall write today about the side effects of thus said narcotics: Morphine.

Morphine makes your dreams rather vivid if not completely odd. Here’s an example:

Yesterday, during my mid-morning nap, I dreamt that I was at come kind of children’s carnival. We were trying to get everything set up before the kids got there (the games, the cotton candy, etc.). There was a stage set up and on the stage was Steven Tyler, lead singer of Aerosmith. He was the headliner of the entertainment, and was practicing on a stage, surrounded by children in brightly colored inflatable costumes (a blue star, a green circle, and a red triangle… dancing around him).

The odd thing was… he was practicing lip-syncing, but there was no music, so it was just him, moving his lips and swaying his hips while the inflatable kids were dancing around him… silently.

Then, someone’s dog took a crap on the floor and I had to clean it up.

I have no idea what any of that means… but it stuck with me after I awoke.