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In the Media

article imageOctomom pitches payday loan service

article:328900:11::0
By Owen Weldon
Jul 18, 2012 in Business
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Nadya Suleman, the octomom, had her house foreclosed on recently and now she has endorsed an instant payday loan service.
The octomom's new endorsement deal is a payday loan service that is called OcoLoan, which is designed to help people get an instant loan throughout available cash lenders.
According to Gant Daily, the requirements are not complex and a person can be approved for as much as$1,000 instantly. The downside is that the interest rates are very high, and can go as high as 600%.
According to Gawker, OctoLoan's FAQ section of the website does not paint a pretty picture of the company, mainly due to the high interest rates.
According to The Hollywood Gossip, Suleman is being paid more than $10,000 for endorsing the company.
The mother of more than 8 kids has actually shot a commercial for the payday loan company. The commercial was shot earlier this week.
article:328900:11::0
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