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Christ - look at the typical APR on this
Burlesque_Babe
Posts: 17,547 Forumite
https://vault2.secured-url.com/unclebuck/faq.htm
:eek: :eek: :eek: :eek:
hasten to add I wasn't looking for it as somewhere to use , but came across it whilst doing some AQA work.
:eek: :eek: :eek: :eek:
hasten to add I wasn't looking for it as somewhere to use , but came across it whilst doing some AQA work.
:j:jBecome Mrs Pepe 9 October 2012 :j:j
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bloody hell!!!!!!
Please tell me people don't actually get these things!!Current debt - £16,300
Debt at worst 17/03/2011 - £18,067.62:eek::eek::ANot going anywhere else, ever again :A0 -
Chuffin' 'eck!!!!!
I can't quite believe that's not a typo!!!! But I know it's bound to be true :mad:0 -
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The apr is that high because they're intended for very short loan times, up to 30 days. Borrow £100, pay back £130 etc. The trouble is there's the option to extend the loan when you come to payday and find you can't pay... meaning you keep paying that interest every month!
I thank my lucky stars I'm not in a position to need such a loan but, if I was, I'd rather use a company like that than a loan shark. They don't try to hide their interest rate, to be fair.Don't stress, relax, let life roll off your backs. Except for death and paying taxes, everything in life is only for now... Avenue QOfficial DFW Nerd Club - Member no. 003
Proud to have become debt free... and striving to keep it that way
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Hell's teeth
Borrow £100 for under a month and pay back £130 :eek:No longer using this account for new posts from 20130 -
Oh my word :eek:
How scary is that, the problem is some people will be so skint they will see it as a good option and a short term loan, but these things very rarely end up short term I guess.....0 -
Hell's teeth
Borrow £100 for under a month and pay back £130 :eek:
I know its not nice but it is business.
Would you risk lending £100 to someone you didn't know (who obviously has credit problems if they've come to you) for a return of less than £30 on your risk?
Sadly there must be a call for such a service or else it wouldn't exist.Don't stress, relax, let life roll off your backs. Except for death and paying taxes, everything in life is only for now... Avenue QOfficial DFW Nerd Club - Member no. 003
Proud to have become debt free... and striving to keep it that way
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I have friends in America who have used these loans.Scary!!!!!!0
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Ouch!!!!
C xx0 -
Not much worse than the bank charges if you go overdrawn!!!0
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