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can i post a link to something scarey

The link is to a "sky news" story about loan interest rates

what interest rate do you think she ended up paying:eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek: :eek:

anyone remember the saying "pick a number, double it and add a 0


start the bidding at 100,000% interest
PROUD TO BE DEALING WITH MY DEBT NERD #869
Numpty,Not sure why but I'm crying :o . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & :( for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
xx
DFD 5/1/16
«13

Comments

  • go on then...
    Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.

  • I saw that too - CRAZY!! - but I won't ruin the surprise for others by posting the amount

    As a slight aside - there is someone who has posted a thread asking for advice on a payday loan so anyone who comes on here and has had dealings with them please go and look at the thread called New Year Res? Payday are demanding 590 back and won't accept installments and the poster is keen for advice on dealing with them.
    £34,547 (Dec 07); Current debt: £zilch (Debt free December 2010)
    Sealed Pot #389 (2010=£133)
  • I went and searched it out, and I'm sitting here with my jaw on my knees!
    That's completely outrageous... but apparently legal:confused: :eek: :confused: :eek:
    I'm an adult and I can eat whatever I want whenever I want and I wish someone would take this power from me.
    -Mike Primavera
    .
  • SPANIEL36
    SPANIEL36 Posts: 1,905 Forumite
    where's the link?
  • hayley11
    hayley11 Posts: 7,627 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    How can that be legal, I know it is but it shouldn't be :mad:
    :heart: Think happy & you'll be happy :heart:
    I :heart2: my doggies
  • Browntoa
    Browntoa Posts: 49,612 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    http://news.sky.com/skynews/article/0,,30400-1298006,00.html

    A Loan? That'll Be 2.6 Million Percent...

    Updated:11:44, Friday December 21, 2007

    A woman desperate for cash has been given a loan by a UK finance company - at an interest rate of more than 2.6 million percent a year.
    Ex forum ambassador

    Long term forum member
  • debrag
    debrag Posts: 3,426 Forumite
    now i've never heard of THAT much before!!! High ones yes but that high!!!!!!

    Browntoa you posted that as I had just found the story and replied lol
  • Gemmzie
    Gemmzie Posts: 14,876 Forumite
    :eek: :eek: :eek: :eek:

    That's horrific
    No longer using this account for new posts from 2013
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    surely that cant be real surely no one could be that daft surely
  • doodledo_2
    doodledo_2 Posts: 4,676 Forumite
    That is just shocking.

    It's hard to believe that people do it but we all know how desperate you can feel when you are short of cash.

    These kind of lenders should be made illegal but can't see them stopping whilst people still use them.
    Proud to be dealing with my debts - DFW No: 712

    03/09/09 - DEBT FREE AT LAST :D
    Racing Hypno to Save - £10/£5000
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