It’s going to cost how much? Is that even legal?

It’s going to cost a lot.  By a lot I mean more than usual.  Your expectation will be that it will not cost a lot only to realize that the interest rate is high and the fees are ridiculous.  You would find yourself in this situation if you needed money and the 11th hour was approaching with no money in sight.  At the last moment, a lender comes along and provides you with the money without reviewing the mountain of paperwork you have and makes a decision to advance funds based entirely on their experience, knowledge and comfort with the security you are offering for the money.  Who finds themselves in this situation?  Many people do and here is what some of the reasons are. Continue reading “It’s going to cost how much? Is that even legal?”