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The Prefeerred Mortgage & Loan Guide - MARTIN GET ON TV AND RADIO and warn people.

ScoobyZ
ScoobyZ Posts: 492 Forumite
Part of the Furniture 100 Posts Name Dropper Photogenic
in Loans
Got this leaftlet through the post.

Basically it all the high interest rate companies that have got together and produced this "guide".

10.9% homeowner loans - loansinatick

12.4% Sunrise loans even if you borrow £75,000 !!! £50,000+ interest over 10 years !

Its a shame as these must work as they wouldnt send them out.
Hopefully we will hear Martin on the Radio soon warning people of these booklets.

Comments

  • MSE_Martin
    MSE_Martin Posts: 8,268 Money Saving Expert
    Part of the Furniture 1,000 Posts Combo Breaker
    May I ask that you send me the leaflet, if possible it would be useful to see. If you could post it to Martin Lewis, MoneySavingExpert.com, F3, Shepherds Studios, London W14 0DA

    That would be great.

    If not - don't worry :)
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
  • ScoobyZ
    ScoobyZ Posts: 492 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    OK will stick in an envelope today.

    Scooby
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    Martin, since your around

    I also wejnt a bit :eek: at in the local council paper "east end life" theres an ad for a org " fair finance" which is some sort of community finance scheme

    http://www.fsa.gov.uk/pages/Library/Communication/Speeches/2005/sp243.shtml

    http://www.ethicalinvestment.org.uk/modules.php?name=News&file=article&sid=18

    Sounds great. But the interest rate on a personal loan with them is 21%
    Surely they cant get away with this?

    Want the ad?
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • ScoobyZ
    ScoobyZ Posts: 492 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    MSE_Martin wrote:
    May I ask that you send me the leaflet, if possible it would be useful to see. If you could post it to Martin Lewis, MoneySavingExpert.com, F3, Shepherds Studios, London W14 0DA

    That would be great.

    If not - don't worry :)

    Hi did you get this ?

    It was posted last week
  • MSE_Martin
    MSE_Martin Posts: 8,268 Money Saving Expert
    Part of the Furniture 1,000 Posts Combo Breaker
    Sorry I was sure I'd posted to say 'yes thank you - i got it'

    As it seems i didnt

    Yes, thank you - I got it :D
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
    Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 000
  • ScoobyZ
    ScoobyZ Posts: 492 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    cool. Maybe you got side tracked when you saw the lovely Carol Vordy promoting her loans on the back :)
  • ScoobyZ
    ScoobyZ Posts: 492 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Sad to see more secured loan adverts on TV these days.
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    saw a customer today who said he was very tempted by thier sales tachiniques of over the phone in a tick - till he saw the APR
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