Flame

It was the auto loan joint that I was doing.

the auto loan the conversion loans remember those conversion loans where you can actually purchase a vehicle and then what happens is you'll purchase a vehicle right and the bank would actually give you the money for that the bank would actually give you the money for that vehicle but the thing about it was you never actually purchased the vehicle okay right and so then they flipped that loan and called it a personal they called it a personal loan

So don't forget, when you've got an automobile loan, that automobile loan is a secure loan because it's secured by the actual asset, which is the vehicle.

So that loan would probably be anywhere about 7.9% to 9.9%, right?

Personal loan is a lot higher.

A personal loan, when they flipped it over to the personal loan, now they changed that interest rate to 17.9% to 20.9%.

Right.

Right?

But that's at that time.

That was back then they was doing that and getting that stuff done.

But when you got the check, the check was between you and the actual auto lender or whoever you got the car from.

And right now you got to cash that check.

So you would take that check to one of those cash advance type places, kind of like places that you're talking about, Jefferson Cash Place or whatever like that.

Mm-hmm.

They're usually all in the hood, street corner places.

And when you go in there, they usually talk to you at the window, show all sorts of ID.

Then you and both parties.

Bulletproof glass.

Bulletproof glass.

Walk in the back and they'll give you the money that way.