We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Provident rip-off
margaretclare
Posts: 10,789 Forumite
in Loans
This is one to avoid:
Provident
Loans. Borrow £500. Pay back total of £825. Typical APR: 177.0%.
Incredible, isn't it. And yet there are people out there, who need £500 for 'shopping', who will fall for this.
Aunty Margaret
Provident
Loans. Borrow £500. Pay back total of £825. Typical APR: 177.0%.
Incredible, isn't it. And yet there are people out there, who need £500 for 'shopping', who will fall for this.
Aunty Margaret
[FONT=Times New Roman, serif]Æ[/FONT]r ic wisdom funde, [FONT=Times New Roman, serif]æ[/FONT]r wear[FONT=Times New Roman, serif]ð[/FONT] ic eald.
Before I found wisdom, I became old.
Before I found wisdom, I became old.
0
Comments
-
NEVER EVER EVER BORROW FROM THE PROVVY!!!!!!
Join a local credit union, save for a few months, and then borrow similar amounts as the the Provvy, at rates which are legally capped at around 12%!
They offer an excellent, in underused alternative to people who are excluded from mainstream finance, plus the profits stay in the local community, and are not siphoned off to allow Chief Execs to play golf all day long.I'm as mad as hell, and I'm not going to take it anymore :beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards