"Congratulations. Tremont Lending has been selected as your lender and you have been pre-approved for a loan up to 750.
" If I wanted to borrow 750 for a week, I would have had to pay 225 in interest. The site said that was an annual percentage rate of more than 1,300 percent.
I did not agree to take the loan. But within minutes, my phone rang (I had entered my real phone number). It was a guy from Tremont Lending, in South Dakota.
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