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Uncle Buck APR 2339.30%!!!!!

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rovinia
rovinia Posts: 22 Forumite
I kid you not, this is advertised on ITV 4 every ad break last night. I first thought it was a joke. How can they get away with it. The ad is scandalous, 'get a loan til pay day so you can have the things you really need like clothes or a holiday'.What? Martin, if you have not already exposed them, please do. Check out the web site if you don't believe the apr is really 2339.30% and please please do not take out a loan with this company because you will spiral and spiral into debt without a doubt.

Comments

  • azjh77
    azjh77 Posts: 925 Forumite
    http://www.unclebuck.tv/charges.htm

    How do they have the nerve to print it! I suppose they claim it is a fee rather than actual interest.



    15 crafts for 2015 challenge.
    Christmas 2015 - started to save/wrap!
  • N9eav
    N9eav Posts: 4,742 Forumite
    Unfortunately there are people who cannot get any sort of other help. They need say £100 until Friday say, but no one else will give it to them., So they are happy to have it now and give £130 back on pay day. Albeit probably end up in the same state again.

    At least they advertise their rates... it's not a secret.

    I am not saying it's right either!!!

    I know friends who were in the armed forces who did not drink or blow their money. They would often offer short term loans to other personnel like £20 today £30 back on pay day. They had no shortage of customers.
    NO to pasty tax We won!!!! Just shows that people power works! Don't be apathetic to your cause!
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