<wpwrak>
interest rates in the order of 10% monthly ? yeah, sure :)
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<DocScrutinizer05>
no idea
<DocScrutinizer05>
didn't check much of it
<wpwrak>
the lower ones sound more credible. ~35% p.a. for credit card debt refinancing makes sense. but the higher interest rates are just weird.
<DocScrutinizer05>
no idea really. I don't see a "monthly" at rates
<wpwrak>
hmm yes. the grouping in the overview may be misleading. i can't get the numbers to add up when using the rate. the yield works, though.
<DocScrutinizer05>
no idea what means "yield" here
<wpwrak>
payout / loan - 1
<wpwrak>
e.g., the first one takes a loan of BTC 9.11 and pays 12 * 0.91244. .91244*12/9.11 = 1.20189681668496158068
<DocScrutinizer05>
yeah, makes sense
<DocScrutinizer05>
ultra high risk credit sharks
<wpwrak>
yields are over the duration of the loan, not normalized over time. so that 60 days loan with a yield of 11.23% is still in the order of 90% p.a.
<wpwrak>
at least some, yes
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<Wizzup>
Any news on paypal?
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