We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Typical 621.8% APR

13»

Comments

  • how ironic - just got a leaflet through the door ( they did knock bit I never answer my door unless I know who it is)

    its for gift vouchers
    "Helping you buy the things you want

    *CCJ's Need not be a problems
    *tenants and unemployed welcome to apply
    *Fixed weekly repaymetns


    availabe in books of £50

    EXample : gift voucher amount £50
    27 weekly payments of £2,50
    total amount payable £67.50
    TYPICAL 222.7%APR

    I know several people on our estate who eill be desparate for xmas and will end up with these, and be paying for them until next summer.

    really sad

    pudds

    Edit : just seen handwritten on it as I tore it up - cash loans also!!!!
    August 2009 grocery challenge £172.64/,,,,,

    no point in doing grocery challenges, have no money left over to eat :0/
  • Only 621% - Seems like a bargain. Go to their main website , as they appear to be another name for monthendmoney. A typical APR for a 30 day loan is 1355%!!!! So that set me thinking, that obviously that's based on you being skint on the 1st of the month, and repaying it on the 31st when you're next paid. What if you borrowed it on the 25th. Still gets paid back on payday, the 31st, but what % APR would that be???
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.