Occasionally it is easy to let our guard down and …. Trust the System….
While we try never to be negative, but slightly skeptical … helps keep unfair practices from our Wallets.
Recent Reminder of the Small Print
This is a quick snap shot from the cell, such the slight blurred view…
Yes that is an annual percentage rate charge of almost 100% – wish we could invest with those types of returns… but this is an annual charge … Think this is the highest charge ever seen…
This offer came via a unique letter that look like an offer for a charitable donation … reading the fine print, it was actually a short term loan offer in disguise, sign your name and return the letter and your on the hook for an almost 100% annual loan….
Skeptical, not negative … it happens still ..
Hat tip ZC!
Have a Great “Read the fine print” Day!
John A. Kvale CFA, CFP