The Post Game – As the NFL lockout enters its second month, players from at least 16 teams have already sought out extremely aggressive short-term loans with high interest rates, ThePostGame.com has learned. According to a financing source, these interest rates range from 18 percent to 24 percent, and upon default, they can rise as high as 36 percent. All of this comes as the NFL Players Association announced nearly two weeks ago it would begin payouts from its war chest — a lockout fund designed to help keep players afloat during the work stoppage. But while that lifeline was created in part to keep opportunistic lenders at bay, the finances offered by the NFLPA — as much as $60,000 for some players — won’t solve all financial ills. And much to the chagrin of some members of the union, the high-risk loan market has begun to attract players. “There are a lot of people out there pitching these things,” an attorney who has advised players on such loans told ThePostGame.com on the condition of anonymity. “It’s almost predatory lending. It’s people going to guys who they know are already in debt, or don’t have the ability to pay their bills during the year and [lending them money] at such obscene terms, that you say, ‘Hey, no one would ever sign something like this.’ But a lot of players are.”
(Click the link to read the rest of the article – long but interesting. -610)
How many of these players looking for these loans are actually white? Going with a big fat ZERO. I mean the NFL does only have like only 30 something white players, but still. I am willing to bet my shitty credit score, that 100% of those white players have their money in mutual funds, 401k, Roth IRA’s, slave money from their great grandparents and stock. How many black people would you actually let run a legitimate business? I’m fucking black and I wouldn’t let me run one, hence me not making my own blog but rather work for the slave driver know as 610. I couldn’t see my boy Snoop Dogg fucking running Google’s day to day operations, but would be kind of be awesome if you think about it. We would have parking lot BBQ’s, grape drank in the vending machines, bring in yo baby’s mama day and you could smoke blunts like you chew gum. Nowadays, the only two positives in this world about being black are:
1. Chance of making it big in professional sports other than hockey and road rules/real world challenges
2. The size of your dick.
BTW I don’t get paid to do this, so I’m pretty sure I’m still a slave like my great grandfather was. FML
BTW again, some of these players should have linked up with Ameritrade, per the guy from Law and Order, Ameritrade beasts LIBOR average, whatever the fuck that means.