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Comment by FuckOffNeemo

Good luck finding a legal loan shark that only charges $10.

I can only speak from the fees here in Australia but here, for a small loan. You're looking at a minimum fee of 200-300% and that's assuming you pay on time.

This is why legal loan sharks exist, and if this method actually did work as you intended it, why do legal loan sharks still exist? Couldn't you apply your macroeconomics to everything?

Food? Nappies? Water? Bulk buy all of your items on legal loan sharks just once and you're ahead.

1) Get a small loan

2) Buy all the small disposable/consumables you require in bulk and reap the savings

3) Pay off the loan with 200-300% in fees on top, assuming you pay it off in time

4) ...

5) Profit!

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