On Thu, Jul 16, 2009 at 10:54 AM, Luther, Ron<Ron.Luther at hp.com> wrote: > Fred Jones noted: > >>>My bank wants to offer me a loan ... <snip /> >>>of $17,500. Terms are it's paid back over 60 months of >>>paying $381.25 per month > > > Hi Fred, > > That works out to be (roughly) an 11.15% interest rate. Yikes. If that's the case, you would be better off getting a peer-to-peer loan from something like LendingClub. That is unsecured as well. -- Matt Warden Cincinnati, OH, USA http://mattwarden.com This email proudly and graciously contributes to entropy.