Tennessee Couple Gets $5,000 Loan, 59% Interest Rate

Tennessee Couple Gets $5,000 Loan, 59% Interest Rate

Kay and Lewis Brown wanted some quick cash so they could make a moderate addition to their home. They turned to CashCall, an online loan service, after seeing the ads on TV. The company lent them $5,000 — at 59% interest. Now the couple is on the hook for $20,830.