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Greasy Palm & Post Office Loans.....

HI, I am not sure if this is the right place to post this but Greasy Palm are offering £12.50 per application to Post Office Loans. Now I know I am not going to get a loan but it says per application and there are no terms so does anyone know if this means I get £12.50 if I apply or just if I get it. An application surely is just applying whether you get it or not. I am intrigued and thought it maybe worth a go as even if accepted you don't actually have to accept the money do you?

Here is a copy of the email I received from GP:



Choose Post Office™ Personal Loans and you could enjoy:

- A Typical 6.9% APR for loans of £5,000 to £7,499.99

- Borrow from £2,000 to £25,000 with their fixed cost, unsecured personal loan. Rates available from 5.8% APR to 17% APR

- Up to two loan repayment holidays per year

- A cheque could be delivered to you within 24 hours

- Peace of mind with optional payment protection insurance

AND..get a massive £12.50 Cashback per application until the end of January (normally £10).

£12.50 Cashback

Click to visit

Comments

  • abomb1969
    abomb1969 Posts: 440 Forumite
    Be careful you could screw up your credit rating, IIRC you get 6 checks per year before it gets flagged.
    This signature is not mine!
  • blue_monkey_2
    blue_monkey_2 Posts: 11,435 Forumite
    Yes, to be honest we don't really apply for anything else ever and only pay with debit cards or cash - just seemed too good to be true really, £12.50 for free!!
This discussion has been closed.
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