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A&L Loan APR Lies........

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Toper12
Toper12 Posts: 1 Newbie
edited 30 June 2010 at 10:16AM in Loans
Thanks to mjm3346 who answered my question.

To the rest of you lets all reword the same answer and see how many thanks we can get.....
«1

Comments

  • mjm3346
    mjm3346 Posts: 47,268 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It is not a lie.
    The same as nearly every lender they quote a typical APR figure and that is quite clear on their website.
    We will review your past credit history and other personal details and the actual rate we offer may be higher depending on our assessment of your personal circumstances and financial behaviour
  • Fiddlestick
    Fiddlestick Posts: 2,339 Forumite
    Toper12 wrote: »
    So your supposed to get 7.8% on a loan of £8000 with A&L when in actual fact the paper work arrived with 14.9% APR and payments of £27 more p/m needless to say I have cancelled the application and told them where to go.

    This is the TYPICAL rate, but the rate YOU are offered will be subject to status.
    Does anyone have any advice as to where i can go to get a decent apr loan ?

    Presumably one where you read the terms and conditions first before complaining here that they are lying and trying to con you?
  • iolanthe07
    iolanthe07 Posts: 5,493 Forumite
    If you had read the ad carefully you would have seen that the rate is FROM 7.8% (or words to that effect), but only those with near perfect credit history and who tick all the other boxes will get that rate. They did not lie. It is not a con.
    I used to think that good grammar is important, but now I know that good wine is importanter.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    I smell a troll.
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    There was another one just like this last week and it went on for AGES.

    I hope this one does too
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Wutang wrote: »
    There was another one just like this last week and it went on for AGES.

    I hope this one does too

    I'm just responding to keep it going for you.
  • redpete
    redpete Posts: 4,735 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    _Andy_ wrote: »
    I'm just responding to keep it going for you.

    What's the point of that reply that added nothing but length to the thread?
    ;-)
    loose does not rhyme with choose but lose does and is the word you meant to write.
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    redpete wrote: »
    What's the point of that reply that added nothing but length to the thread?
    ;-)

    No idea - why?

    Why has this happened Andy?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sorry have I missed something here ? What has happened to Andy ?
    Space available for rent
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    It's not length that counts ;)
This discussion has been closed.
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