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About LinkBacksJust seen this advert on the telly and I know times are hard but is it really justifiable to charge people over 2300% interest for a loan?
Wrinkled member
Just seen this advert on the telly and I know times are hard but is it really justifiable to charge people over 2300% interest for a loan?
I'm on the Safe House List
Only a motorcyclist truly understands why a dog puts its head out a moving car window
...and carry the two.....
If nothing else, they are more up-front about the interest rate than some credit card firms have been in the past.
Then again, if you need such a loan then you must be in very deep do do.
Brrrmm - '04 XL650V Transalp in Silver
It's not a case of whether we can fix it or not - it's more a case of how fixed would you like it?
Einstein - Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
Stone Crazy
saw that the other day. legalised robbery was my thought, i just hope people are not stupid enough too borrow from them, seems to me to be out of the frying pan into the fire
Merv
RetroPhrenologist
Yeah I noticed this a few days ago too Gordon; they must have to highlight the APR now rather than burying it in size 0.1 font at the bottom. Funny how advertising presents 'typical' loan-takers as living in bright, soft focus mansions with huge kitchens & huge-er mugs of coffee... "*thinks* oh, I could just use a £3k loan for an extension to my conservatory.."
Immoral though? I think so.
It's like that Mitchell & Webb sketch -
Loan Manager; "we like to get to know our customers, see what sort of person they are & become friends. What's your house like?
Customer; Fine, 2 up, 2 down. We like it.
Loan Manager; Get on well with the landlord?
Customer; oh, no; we own it
Loan Manager; Right, about the loan...."
"..To The Mountains!!"
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Senior Member
is there a decimal point missing boris mate?
Stone Crazy
that was my thought i went right up too the telly with a magnifyingglass and there is no decimal pointOriginally Posted by pale rider
http://www.quickquid.co.uk/adw-quick...FRsK3god02bWLw
Merv
Last edited by Mervinh; 07-01-10 at 10:21 AM.
Wing Commander
I'm on to them
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Wrinkled member
Oooh Have I become a Journo's snitch?I'm on to them
Only a motorcyclist truly understands why a dog puts its head out a moving car window
Nickel arse
Both barrels loaded I hopeI'm on to them
Stop looking at my Member
'Terms and Conditions apply. Finance charge will be between £10 and £14.75 per £50 borrowed. Typical 2356% APR.'
PER £50 borrowed !! UNBELIEVABLE
XL700VA My first bike
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