Octomom Pitching High Interest OctoLoans
Sources tell TMZ, Octo recently signed a 5-figure deal to endorse a service called OctoLoan, which connects users to cash lenders -- offering financially desperate people access to as much as $1,000 instantly.
Problem is -- the loans are short-term ... and extremely high-interest ... often exceeding 600% APR ... which means they're usually NOT a good idea for people in dire straits (the target demo).
Octo just shot a commercial for the company this week -- the behind-the-scenes footage is pretty hilarious. Watch it here.
TMZ submitted this story.