So the question is – are western sky loans a scam?
The short answer is no they are not – but and this is a big but if you’re considering using western sky to get out of you payday loan debt you need to go into things with your eyes wide open and need to understand the terms and conditions that western sky has.
These rates are from their website and you can be the judge whether or not to use their service.
Western sky offers unsecured loans up to $10,000 – you still need to be approved for the loan.
And they don’t offer their service in California, Colorado, Maryland, Missouri, South Dakota and West Virginia.
Ok let’s go over some of the loan terms:
If you take out a $10,000 loan it has a $75 loan fee. So you would get $9925.00. The loan is over 7 years – that’s 84 payments – and your monthly payments will be $743.49 –
You will be paying back $62,453.16
Ok maybe you don’t need that much, say you only need $500 – they have that available.
They have a $850 loan which has a $350 loan fee – which gives you $500 in your pocket but you are paying for an $850 loan.
So a $500 loan with 12 payments (1 year) at $150.72 you would pay back $1909.64
Ok let’s be honest here that’s just crazy – the interest rates our sky high.
However if you’re ok with these terms then sure use their service but if there’re not then why not call us today for your free no obligation consultation – 1-877-280-5100
Our program is the most successful loan consolidation program of its kind.
On average clients who are paying between $700 and $800 every two weeks to payday lenders will have their payments brought down to $138.
We Will Stop All The Fees And Interest
There Is No Upfront Fee Before We Start Working For You
We Take Over Your Debt So The Lenders Have To Deal With Us Not You
We Start Issuing All Documentation To Your Lenders Within 2 Hours
Call us today the call is free – the information is free – 1-877-280-5100
Cheers
Leo