Enerbank USA, says same as cash, as long as you pay them back in one year. They MEAN YOU HAVE TO PAY ALL THE PRINCIPAL AND INTEREST, before your paid off, Your interest will be refunded. So say you borrow $10,000 AT 17% you have to pay $11,700 in a years time for zero interest. These are like then old loans where the bsnks would not let people pay off loans without paying ALL INTEREST OF ENTIRE ORIGINAL LOAN. Practice dates back to 1800s, my opinion. When you send payoff payment, send two months ahead of time. 😉 Best to save cash yourself and not go into what could be – HIGH INTEREST DEBT, HOOK , LINE AND SINKER.
This review (EnerBank USA Review) was originally published at Holy Smoke !.
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