We want to share an important update with our Betfair Community users.
Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.
Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.
To share your feedback and experience, visit: https://support.betfair.com/app/home
Chit Chat
Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
...who has the front to advertise their loans on a telly advert at 2356% apr!!! Would anyone be mad enough??
Show More
Hi Buffs.
Londis here....at last :-)
They have to show the APR by law. They wouldn't otherwise.
You're referring to loans which are supposed to be short term.
For example, if I lend you a tenner today and chage you a pound interest when you pay it back tomorrow, the APR would be huge.
However, for a short term cash loan, you'd probably think the pound charge would be reasonable.
Londis here....at last :-)
They have to show the APR by law. They wouldn't otherwise.
You're referring to loans which are supposed to be short term.
For example, if I lend you a tenner today and chage you a pound interest when you pay it back tomorrow, the APR would be huge.
However, for a short term cash loan, you'd probably think the pound charge would be reasonable.
Hello Londis love. Yes, I knew that, but it's just a shock when the apr is actually written there in front of you! I hope I'm never in a position to have to go down that route.
But of course a mortgage with an APR of only 6.5% over 30 years is fine.
Excellent seasider. Agree, if you want it, its there. Who is to say whether it is rediculous or not? Its a business that helps people that cant find the money any other way.
Is that worse than spending 300quid on a 'branded' suit, knowing it costs 20p to make in some dark forest in Bolivia?
Is that worse than spending 300quid on a 'branded' suit, knowing it costs 20p to make in some dark forest in Bolivia?
its better than paying £25 to borrow £100 than it is to go overdrawn and get charged £63
also halifax charge £1 per day for being in an authorised overdraft, so imagine the APR on that if you are 1p overdrawn :0
also halifax charge £1 per day for being in an authorised overdraft, so imagine the APR on that if you are 1p overdrawn :0
Oh dear, you've started him off now. :|
anyway, if I had gold I didnt wear and a firm was offering money for it, does it all matter?
WE were so much happoer when we knew less. I blame Facebook
WE were so much happoer when we knew less. I blame Facebook
Post Your Reply
Please login to post a reply.
Wonder
Instance ID: 13539