Football
There is currently 1 person viewing this thread.
I think thats the word for anyone charging 2689% interest (wonga.com)
sort by:
Show
per page
Replies: 5
|
By:
Moron
I think that's the word for somebody who doesn't realise that ANNUAL percentage rate on a short term loan with a maximum term of 30 days is completely irrelevant. |
|
By:
Diaz, are you some sort of imbecile?
Your posts since joining would indicate so. |
|
By:
He is right about that though, tbf.
£14 to borrow £100 for a couple of weeks isn't too bad, if you're really stuck. Cheaper than a £30 bank charge. There's no sense in judging the APR of loan with a 14 day term. |
|
By:
what happens if you pay late though...do they send reggie cray round imo hth
|
|
By:
If it was 'completely irrelevant' they wouldn't be legally obliged to put the APR on the front page of the website. Though, to be fair to them, it can't be cheap to perform bank transfers in 15 minutes.
|