Christ - look at the typical APR on this

rufus79

I used similar companies when I was really desperate - I would write a cheque for £100 and walk out with £84 cash. Its sooo expensive, but if you can't eat, or can't get to work because you have no petrol, it can seem the best (or even only) way to do it. Thankfully i got out of the cycle, but it was hard.

xgingerx

Company Motto must be

"If Anyone can *uck you, Uncle Buck can"

Shocking !!!!

What is the goverment doing to stop this exploitation, its crazy and sadly someone must be using them to keep them in business

Makes Vanquis 49.9% Credit card look like a bargain

scottishsuz

Yuck, sadly those places are springing up all over, ready to take desperate folks pennies and leave them in even more desperate situations.

Suz

Skint_Catt

xgingerx wrote: »

Company Motto must be

"If Anyone can *uck you, Uncle Buck can"

Shocking !!!!

What is the goverment doing to stop this exploitation, its crazy and sadly someone must be using them to keep them in business

Makes Vanquis 49.9% Credit card look like a bargain

:rotfl: Like the motto and yes Vanquis look good this time! :rotfl:
C xx

Crown

This type of lender does provide a service even though it is one of my pet hates. If someone is in a situation where they would go hungry without a short term loan then it is important that they have access to some type "help".

I remember reading a thread simliar to this around 3 months ago where a woman had borrowed around a hundred quid and could never afford to pay it so would extend the period. she had done this for nearly a year and now owes thousands in interest and fee's.

This is how debt works. it should be a lesson to everyone but there is always gonna be someone who wants/needs the service

immoral_angeluk

2339.30% ????????????????????????????????????????????

*passes out on the floor*

Toto

You'd think they'd at least have the decency to hide it in the small print like most of the sharks, not display it there proudly:D

Burlesque_Babe

I also saw a site a couple of months ago where they are basically looking for people to grass up anyone they know has debts and has done a runner in some way.

The 'informant' gets 50% of whatever the DCA then collects as their 'reward'!!

Pobby

Any one know where I can get a savings rate for the same apr?

Toto

Pobby wrote: »

Any one know where I can get a savings rate for the same apr?

:rotfl:

you could always email them and ask if they offer one.