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Mutual Loans

dragon27
dragon27 Posts: 22 Forumite
in Loans
Has anybody dealt with Mutual Home Credit before?
Is it a scam?

I'm looking to get a £500 loan

Are they likely to reject me because i'm a student?

Thanks a lot
Lloyds TSB Student Credit Card - £650 - 3% min payment
Orange via Moorcroft - £390 - £20 per month
Lloyds TSB Student Overdraft - £500
Total debt: £1540

Comments

  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Borrow £500 repaid over 51 weeks
    at £13.80 per week. £200 interest.
    Total repayable amount £700.

    APR 104%


    Why does that appeal to you????
  • dragon27
    dragon27 Posts: 22 Forumite
    Because i need the money

    I'm getting some extra money in January so paying the extra £200 won't be a problem
    The money would help me a lot

    Just wondered if its a scam like Yesloans and Welcome Finance and whether i'd be declined because i'm a student
    Lloyds TSB Student Credit Card - £650 - 3% min payment
    Orange via Moorcroft - £390 - £20 per month
    Lloyds TSB Student Overdraft - £500
    Total debt: £1540
This discussion has been closed.
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