Western Sky Loans Sounds Good, But Is...
BizOwner

Fredericksburg, VA

#327 Jan 3, 2013
Sometimes business owners like me have highs and lows in our years. Mine is the Christmas season.

Would I Love a $10,000 loan at reasonable rates.. that I could pay..? YES

Since banks won't do it and the mid-level loan companies need hard collateral, its hard to get a loan to tide you over until your seasonal sales kick in.

So yes the rates are unreal, but in my case, the $10K loan will hopefully be paid off before the Summer ends. Without it I couldn't make it to the spring. Its the cost of business.

I do feel sorry for those getting a $1000 loan that costs a fortune to get. But sometimes you have no choice. If banks went by companies business records and past payment history and not an arbitrary credit score number companies like this wouldnt exist or have to.
BizOwner

Fredericksburg, VA

#328 Jan 3, 2013
BTW... as much as the Native Americans were screwed over by the US Government.. I think the Casinos and loan operations such as this are justifiable payback.
BizOwner

Fredericksburg, VA

#329 Jan 3, 2013
fed up wrote:
It 's a shame that a person works 2 jobs to try and makes ends meet because wages are so low. But yet it is still legal to charge such rates as this. It's not any different than the oil company's ripping us off and oh ya the goverment allows it so what does that tell you
They are a port of last resort.. you don't have to use them.

If they weren't there, then no one would even have the ability to have the option. Yes the fees suck.. but considering who they loan too with just a signature they have to make up for the ones that never pay.

Also no one is forcing anyone to pay their large fees and rates.. They are at least very clear about it before you even apply for a loan from them.
ron

Ambridge, PA

#330 Jan 8, 2013
ah they're still out there! I've been hearing them lately So I too wanted to do some reseach I was floored when I began to read some of the comments from others who uncovered this scam!!!!!!!!!!
This is a total shame that people can be taken advange of it this fashion. C]mon GOVERNMENT do your frickin' job and shut these people down!!!!!
nikki

Edgewater, MD

#331 Jan 14, 2013
Any of these pay day loans out there have this ridiculous interest rates thats how they make their business
nikki

Edgewater, MD

#332 Jan 14, 2013
diva wrote:
[ that is crazy thank u so much for that informatiom that was so helpful, omg i would never take out a loan with them
all of the loan places have the high percentage rates not just western sky.
Mike B

Panama City Beach, FL

#333 Jan 15, 2013
The TV ad clearly shows interest rate, term and​total of payments. Just read. It isn't loan sharking. Nobody makes you take the loan. You do that because they will make an unsecured loan to you. Go to a bank if you want better terms. You chose the easy way, and want to blame someone for your stupid decision.
Mike B

Panama City Beach, FL

#334 Jan 15, 2013
ron wrote:
ah they're still out there! I've been hearing them lately So I too wanted to do some reseach I was floored when I began to read some of the comments from others who uncovered this scam!!!!!!!!!!
This is a total shame that people can be taken advange of it this fashion. C]mon GOVERNMENT do your frickin' job and shut these people down!!!!!
So now it's the governments responsibility to keep people from being stupid.
How about people take responsibility for their choices?
If anyone wonders why we are in such a mess, they just need to look at people like you.
Mike B

Panama City Beach, FL

#335 Jan 15, 2013
PERSONAL RESPONSIBILITY.
It's that simple
Your Daddy

Marion, IL

#336 Jan 17, 2013
a 10,000 loan will cost you 65,000 what a ripoff
None

Denver, CO

#337 Jan 19, 2013
Not any different than a bank loaning you money. Sure it is more expensive. But it is their money. House loans for example ate just as much of a rip off. What ever you pay for a house you have to at least double the house price. 350,000 dollar house is almost 800,000 dollars when it is payed off. Not any different with your car loans. A lot of car loans cannot get any interest discount if payed off early. I guess I don't need the money so it does not affect me. By the way the Indian reservations are some of the poorest places in America.
Ray parker

Dallas, TX

#338 Jan 21, 2013
I took out a loan from western sky a 1500 dollar by he time I paid it off I had paid in almost 8000 dollars when I paid it off 3yrs later they will not work with you if u need extera time like a few days to make a payment they will run it through your bank account every day running up overdraft chargers the intrest alone means on a 1500 loan you will have paid the principle balance back 6 times befor you get out from underneith this scam don't walk away from thiis scam run and don't look back
dejocu

Northampton, PA

#339 Jan 22, 2013
Bronco-33 wrote:
For you people who are saying desperate times calls for desperate measures are full of bull-s---. There are ways to manage without dealing wih such outrageous interest rates as with western sky. I hit rock bottom a couple of years ago with only $110 a month comeing in. Today my credit rateing is over 700 and just bought a house this past June and did this al on my own. So take your sob stories somewhere else.
Would love to know how you did that.
Paranorman

Omaha, NE

#340 Jan 22, 2013
Bronco-33 wrote:
For you people who are saying desperate times calls for desperate measures are full of bull-s---. There are ways to manage without dealing wih such outrageous interest rates as with western sky. I hit rock bottom a couple of years ago with only $110 a month comeing in. Today my credit rateing is over 700 and just bought a house this past June and did this al on my own. So take your sob stories somewhere else.
Your so full of shyt your eyes are brown and your breath stinks...you did nothing of the sort. Stop posting random garbage just to be part of the conversation.
Rmd45

Gilbertsville, PA

#341 Jan 23, 2013
Well Bronco33, perhaps instead of calling ppl in crisis bull%$*rs, you would be so helpful if you would be so king to let ppl know exactly how you went on to buy a house and get your credit rating so high. Don't kick ppl when they're down, do the right thing, try helping them out.
may may

Erie, PA

#342 Jan 25, 2013
people who give loans God dnt like ugly.....all that intrest.....
Robert smith

United States

#343 Jan 29, 2013
Well i really needed this money but im glad i didn't get it that is crazy ti Do this ti people.its hard enough already they need to be stop thats just not right.
Pvlo

Portland, OR

#344 Jan 29, 2013
Red girl is 100% right. The world would be a better place and people would be MUCH happier if they thought like her. Thank you, Redgirl, Tuesday too. I've been there, in debt up to my eyeballs and no money, we walked away from everything, moved into a tiny place, learned to eat the most humble of food, didn't buy anything other than cloths the kids HAD to have,learned to live with one car, eating out once every two weeks was the fast-food places dollar menu,etc. took five years and we are out of debt, moved into a better (not great but better) place and we are BETTER for the experience. Sometimes I thought I'd lose my mind from the struggle, but I knew We would "win", we did! I feel more EMPOWERED, so do my children (not then but I knew it would be OK eventually when they saw the good that came from being realistic and creating our own lives again).. Get past hangin onto shame and hanging onto stuff, it will work itself out if you're willing to jump in and so whatever it takes. My life is so good now, when i decide how to use money, pay bill or even want stuff I do it right from now on, it CAN be done, ask whoever you can for help but do NOT accept help that will OWN you.
Aztecking

Moses Lake, WA

#346 Jan 31, 2013
I think all you guys are a bunch of haters........get a life
Claude Balls

United States

#347 Feb 1, 2013
None wrote:
Not any different than a bank loaning you money. Sure it is more expensive. But it is their money. House loans for example ate just as much of a rip off. What ever you pay for a house you have to at least double the house price. 350,000 dollar house is almost 800,000 dollars when it is payed off. Not any different with your car loans. A lot of car loans cannot get any interest discount if payed off early. I guess I don't need the money so it does not affect me. By the way the Indian reservations are some of the poorest places in America.
The Indians who choose to leave the reservation do as well as the rest of the community they live in. The ones who choose to remain on the reservation and suckle the government teat fare much worse.

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