monster payday

haribo09

Hi guys i have just come across a website and company called monster payday uk.
My question is has anyone here used them before as they do seem the cheapest payday company by a long way so just wondering if its to good to be true or if they are actually real?

I dont want to be giving my details out if they are not genuine

thanks

Bob_the_Saver

Out of interest you could check out the address of their US HQ (at the bottom of their web page) on Google street view, it's on there.

haribo09

Bob_the_Saver wrote: »

Out of interest you could check out the address of their US HQ (at the bottom of their web page) on Google street view, it's on there.

Yeah could do but they also have a uk address aswell, just looked on google for the postcode and the buidling is real but can not find anything about their company within the complex.

Anyone else used them please let me know.

I only want to use a small amount of £200 so will pay them £220 next month which is really good rate if its genuine.

Bob_the_Saver

Web address Registered on: 11-Jun-2009 so at first glance not exactly a long standing web presence.
Have you ever heard the saying, if something looks too good to be true it probably is?

haribo09

Bob_the_Saver wrote: »

Web address Registered on: 11-Jun-2009 so at first glance not exactly a long standing web presence.
Have you ever heard the saying, if something looks too good to be true it probably is?

Yes you are right but they do also say they are a new company on their website.

What I actually need is some first hand experiences from you guys here at MSE so if anyone has got any info please let me know because if they are real and legit, then they are gonna make a lot of money as they will be taking a lot of business away from the other short term loan companys simply because there rates are cheaper example from their website:

[FONT=Helvetica, Arial, sans-serif]You Borrow[/FONT][FONT=Helvetica, Arial, sans-serif] | [/FONT][FONT=Helvetica, Arial, sans-serif]You Payback[/FONT][FONT=Helvetica, Arial, sans-serif]
[/FONT]
[FONT=Helvetica, Arial, sans-serif]£100 £110
[/FONT]
[FONT=Helvetica, Arial, sans-serif] £150 £165
[/FONT]
[FONT=Helvetica, Arial, sans-serif] £200 £220
[/FONT]
[FONT=Helvetica, Arial, sans-serif]Now do the same check on paydayuk and to borrow lets say £200 the repayment would be £250 which is a lot higher.
[/FONT]

Bob_the_Saver

The other two companies they compare rates with on the web site show their
Consumer Credit License number on the front page of their web-site, probably a legal requirement. Can't see one on Monsters or any other legal stuff

I'd run a mile myself

ILW

I would not give my card or bank details to them in a million years.

welf_man

[FONT=Helvetica, Arial, sans-serif]"We charge a £2 registration fee. This is a one-off cost and will give you access to our services whenever you need the money most. Please note if your application is declined, the registration fee is not refundable".[/FONT]
[FONT=Helvetica, Arial, sans-serif]
[/FONT]

[FONT=Helvetica, Arial, sans-serif]*** News Alert: Due to a large number of applications. We are experiencing a slight delay in processing loan applications. From Friday 28th August to Date.

Please be assured we are working on this and you should have a decision shortly.

UPDATED 5.44PM 02/09/2009

IT HAS COME TO OUR ATTENTION THAT A NUMBER OF EMAILS ARE BEING RETURNED TO US. PLEASE MAKE SURE YOU INPUT THE CORRECT EMAIL ADDRESS ON THE APPLICATION PAGE.

UPDATED 5.46PM 02/09/2009

OUR CONTACT FORM WILL BE OFFLINE UNTIL 05/09/09 AS WE INTEGRATE OUR NEW CHAT FACILITY TO MAKE IT EASY TO ASK QUESTIONS WITH A LIVE OPERATOR.

[/FONT][FONT=Helvetica, Arial, sans-serif]
And you give them your debit/credit card details, d-o-b and NINO!

Quite a cleverly thought out scam, realy.

Mel.
[FONT=Helvetica, Arial, sans-serif]
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RobertoMoir

Payday loan companies are a tax on bad maths skills. If these guys rates are too good to be true when compared to other similar companies there has to be a very good reason for that. There are two possibilities from that point, one of which means you've found the bargain of the decade and should fill your boots; the other is that they really are too good to be true. Do you feel lucky?

PNPSUKNET

Think is a scam possibly, 50% cheaper than the others rings bells