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Horizon Finance ( anyone have any info on these please ) if good or bad !

hi,

just got a letter saying could offer upto 5.000 loan and should contact them for more details etc at £1.50 a min phone number, but if anyone as any info on this company would be very grateful if you could share with me before i contact them, also no where tells me what the % they charge :(


thanks
:j

Comments

  • TonyMMM
    TonyMMM Posts: 3,433 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If a company really want your business they don't charge £1.50 per minute for the privilige of speaking to them .....

    This company will probably promise you anything to keep you on the phone for as long as possible - that is how they make their money !

    Throw the letter away.
  • Enfieldian
    Enfieldian Posts: 2,893 Forumite
    Part of the Furniture Combo Breaker
    The interest on their loan is 0%

    This is due to the fact that they never actually lend anyone any money.
  • ok thank u guys for the info, and i thought it was gonna be too good to be true i cant seem to get a loan anywhere, i haven't got bad credit at all i just guess my score is too low as i have never bothered with credit cards or loans etc, so when i get a letter like that its good until i use the power of the net and find out its bad :(

    Well massive thanks for help guys :)

    :A
    :j
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