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loan letter
stitcher81
Posts: 2 Newbie
in Loans
hi there
has anyone heared of first stop loans my boyfriend has been sent a letter and i don,t want applying for a loan with them am i right to be
worried
they are asking him for £47.95 up front first or are they a good loan company or do we tell them to run and jump
we are both on dss he,s on dla
stitcher81
has anyone heared of first stop loans my boyfriend has been sent a letter and i don,t want applying for a loan with them am i right to be
worried
they are asking him for £47.95 up front first or are they a good loan company or do we tell them to run and jumpwe are both on dss he,s on dla
stitcher81
0
Comments
-
If you search this board you will find lots of posts about this and similar companies that charge an up-front fee. The general consensus is that they are a rip-off, best avoided. They are not loan companies as such, but brokers who 'find' you a loan, usually at some eye-watering APR for a much smaller amount than you asked for. You then have a long struggle to get your money back.
Try your own bank, but to be honest if you're both on DSS then you are unlikely to get a loan at anything like a decent rate in the present climate. Best get a job and then save up.I used to think that good grammar is important, but now I know that good wine is importanter.0
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