Octomom Endorses Loan Lending Site Octoloan

Nadya Suleman, best known as Octomom, is endorsing loan lending site, OctoLoan, in the midst of her home foreclosure.

Reports of her becoming the face of the 'payday' loan company comes only days after the release of her self-pleasure film, "Octomom: Home Alone."

Suleman recently agreed to the deal with OctoLoan, which is a service that directs site users to loan lenders. These lenders are available to give out up to $1,000 instantly to those with great financial burden.

The company requires no credit checks or faxing from those applying for an OctoLoan.

Does this sound too good to be true? Perhaps because it is. Not only are the loans short-term, but OctoLoan also has a high interest rate at 600%. This could be extremely problematic to people in dire financial need, the very population the loan claims to intend on helping.

Suleman is being paid over $10,000 to be the star behind the company's brand.

She is not only the first face seen upon entering the website, but she also recently shot a commercial for OctoLoan as well.

Suleman says she hopes to use the profits from her newly released film to buy a new home for her and her family. People will certainly be watching to see what plans she has for the money she will be raking in from her new endorsement gig.

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