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...who has the front to advertise their loans on a telly advert at 2356% apr!!! Would anyone be mad enough??
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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. |
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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.
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Bobby George will have your gold if you want
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But of course a mortgage with an APR of only 6.5% over 30 years is fine.
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Got their number to hand ?
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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? |
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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 |
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Oh dear, you've started him off now. :|
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:^0
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Ahah, you see, Andy has it. Well done Andy.
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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 |
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I had an invitation from Nat West to take their Black Card, fantastic advantages with "free add-ons and benefits", come through in the post at the weekend.
51.6% apr SPLASHED ALL OVER IT. |