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Comments

  • mjm3346
    mjm3346 Posts: 47,339 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Enfieldian wrote: »

    You are a day late though, these posts normally appear on a Wednesday....

    This is Wednesday, plus interest.
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    Like Loanfinder, Brokers, Vanquis and Can I get My Default removed, this question will keep coming up.

    You can't really blame people for being shocked at the high APRs of these loans. Most people who take Payday loans have no idea what they are to be used for or how to deal with them, it's just easy money.
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • Hax
    Hax Posts: 890 Forumite
    KingElvis wrote: »
    You can't really blame people for being shocked at the high APRs of these loans. Most people who take Payday loans have no idea what they are to be used for or how to deal with them, it's just easy money.

    Glad you used the word "most" there... :P Personally, I knew their intended use, paid back earlier than agreed and walked away without any issues. Also saved incurring the horrendous monthly interest on my Vanquis card in the process... ¬_¬ :P
    My posts are my own opinions based on my experiences and info gathered from sites such as this.
    They are not a substitute for professional financial advice - but you knew that already didn't you? ;)
    VSP 2011 - Member #25 - Started 6th December 2010 - Total As Of 4th May 2011 (21 weeks in!) - £323.67/£500 - So far so good!
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    zzzzzzzzzzzzzzzzzzz
  • Enfieldian
    Enfieldian Posts: 2,893 Forumite
    Part of the Furniture Combo Breaker
    KingElvis wrote: »
    Like Loanfinder, Brokers, Vanquis and Can I get My Default removed, this question will keep coming up.

    You can't really blame people for being shocked at the high APRs of these loans. Most people who take Payday loans have no idea what they are to be used for or how to deal with them, it's just easy money.

    But you can blame people for being sensationalist and overly dramatic, not searching forums for identical posts and assuming that they were the only one who saw the APR figure on TV and need to inform the rest of the world.....

    ;)
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