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Loan application fee - Myloans/Amigo loans

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  • Apples2
    Apples2 Posts: 6,442 Forumite
    Well done for writing a letter. You are one of about 5% of people prepared to do so.

    Your son needs to learn how harsh the world is, the sooner the better.
  • Hence why i really really think there needs to be some kind of financial lessons when at school!!! I still remember when I got my first credit card and didn't understand exactly how it worked as I had only had a debit card up till then and had a mild panic over the CC lol. Now if I had had a lesson that explained how CC's worked, loans worked and what to avoid etc I am pretty sure it would have helped. Why this still hasn't happened in schools I am at a loss.
  • AFK_Matrix wrote: »
    Hence why i really really think there needs to be some kind of financial lessons when at school!!!

    This is where I think these loan brokers are actually providing a good service. For £70, they will teach you that you don't throw your bank account details to anyone who can build a webpage.

    And they'll even refund you the £70 if you can operate a pen and paper and correctly identify a post box.

    To me, that's pretty good value...
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