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44 which calculates to 27 percent interest. Delgado said an interest rate of 68 percent is not a part of his business practice but would not comment specifically on the Laughing case. As security for the loan, Cash Cow reportedly took interest in Laughings 2000 Chevy Cavalier. It is alleged that the vehicle was repossessed when Laughing became delinquent on her payments. Reportedly, when she paid off her loan, the vehicle was never returned to her.
This case was dismissed. Both parties referred to a confidentiality agreement, declining to reveal the reason for dismissal of the case. Cash Cows attorney, Harry Kassakhian said Quick Cash (Cash Cow) does not want to make any statement that would violate Ms. Laughings right to privacy. Quick Default on unsecured personal loan values the dignity and privacy of all of its present and former customers.