Octomom Pitching High Interest OctoLoans

06/21/2012
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(TMZ) What could go wrong??? Octomom -- the most financially irresponsible person on the planet -- is now hawking a solution to all YOUR money problems ... in the form of dangerously high-interest cash loans.

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.
Copyright TMZ - Excerpted here with permission.

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