Taking Stock LIVE - New Digital Wallet Offers Micro Loans

[@Jianglong37]

You know the interest rate is ungodly when he had to rattle off the benefits of the service and opted to say it is competitive instead of being specific. According to Google, pay day loans in the USA is between 15 and 30%. The interest rates in Jamaica are set to handicap those who are already in a bad financial spot so it is best not to borrow. To put it into perspective: You borrow $100,000 JMD and end up paying back over $140,000 over a year. That is at least $40,000 out of your hand. If you save $3,000 monthly, you might be able to skip this loan sharking that is being nicely packaged.

[@joshuathenerd]

Real

[@MaridoraVanzillotta]

First time luxrul kuch different colors ka LV bag dekha..very elegant....good choice

[@Walker-876]

Can I trade ETF's here in Jamaica? Do we have options available for day trading?

[@deansmith4340]

14 to 45% Interest charge on loans sounds like the loan shark is going digital or finsac 2.0. The interface is not seamless in terms of user friendly, users can get the loan in the app but to make loan payment user would need to visit an approved financial service, not good, loan and payment within the app should've been standard from day 1.

[@Capt.Parky2424]

Poor ppl have it hard in Jamaica

[@NoelWallace-xg8om]

I love barita

[@Anggelos876]

Sign me up for Samsung Pay

[@OnlySamara]

I don’t like the sound of this. I’ll see this company in 5 years to make my decision.