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Type of Loan Shark Advertised on Sky
squidykins
Posts: 62 Forumite
Was watching TopGear on Dave, when the adverts came up a company advertised called http://www.quickquid.co.uk, basically a loan shark, with typical 2356% APR. Surely this shouldn't be allowed. People don't seem to read the apr in small print. Don't fall for it.
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Valued Opinions : £4.50, Pigsback : 960 Poinst
Trying for the £10 a day challenge started 05/06/08 = £3.00
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Comments
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They are a payday loan company - and the rates are fairly typical for such organisations.
These are a legal type of loans sharks as they do have consumer credit licences.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
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IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Hi I am having real problems with wonga in that they are charging me 60 pound interest overnight can anyone help me please I am on a dmp with the cccs thanks jeff0
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yeah i heard a payday loan company advertising on the radio...doesn't seem right.0
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Jeff if you are unable to pay off that wonga loan, your only option may be to try to get a more reasonable one from a credit union.
As part of your agreement with CCCS, you agreed not to get any more credit but as you have already done so with the wonga loan you have already breached this. Just make sure that any loan you do get you can manage the payments for.After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91
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I saw this and couldn't believe my eyes, my 12 DD came in in the next add break and said 2356% WOW.0
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