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New loan company trend, good or bad?
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Ha ha!! Eliminate them? By taking out a loan? Surely that's a contradiction in terms?!!Was debt free... then went travelling!0
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lazy&indebt wrote:Ha ha!! Eliminate them? By taking out a loan? Surely that's a contradiction in terms?!!
That's what I thought too! I thought at first that it was a typo when they put in '"Eliminate" your debts' and they were really aiming for "Extend", "Enlarge", "Pay ten times as much in total for" or some such. I've printed it off and sent it to the ASA to see whether they think the same way we do
Kat0 -
I think loan + company = bad. Pretty much a given. They're not there to help, just to sucker more money out of people.0
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As has been said , the sad thing is that people get sucked in as they dont know any different.As I would have been a while ago.Sigh.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
Kevicho wrote:Hes gone after her as well?
I thought he'd only had a campaign against Carol Vorderman
I blame it on the fact that I was at work and it's "that time of month" :rotfl:
Yes Carol Vorderman whom I temporarily got confused with Smiley DOH!!!!DFW Nerd #025DFW no more! Officially debt free 2017 - now joining the MFW's!
My DFW Diary - blah- mildly funny stuff about my journey0 -
we do defered loans at the bank i work for....
not every one can get them , you need to be a customer of ours and have your salery going in.
and wehn we offer the customer the deferd loan we have to tell them that it will cost them more (aprox £2 per month for the duration of the loan), and its up to them weather they want it or not ...Debit was £64k (light bulb Feb 05)
Debt now 60K Dec 07 DFD= nov2019
"The only time money comes before work is in the dictionary"0
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