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poppy10_2
Posts: 6,597 Forumite
http://www.providentpersonalcredit.com//products/VisaCard.aspx
Provident Visa card
APR 177%
http://www.payday-express.co.uk/questions_answers.asp
Pay Day Loans
APR 1268% (no, that's not a typo!)
OMG!!! :eek:
Provident Visa card
APR 177%
http://www.payday-express.co.uk/questions_answers.asp
Pay Day Loans
APR 1268% (no, that's not a typo!)
OMG!!! :eek:
poppy10
0
Comments
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Is that legal!Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.0
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Unfortunately yes!
There's also this old favorite - the Vanquis credit card
APR 39.9%
http://www.vanquis.co.uk/home/Abacus_card.aspxpoppy100 -
http://www.payday-express.co.uk/questions_answers.asp
Pay Day Loans
APR 1268% (no, that's not a typo!)
OMG!!! :eek:
thats outrageous :mad::mad::mad::mad:Savings Total so far for 2026: £0/£10,0000 -
Good old Provie & payday!!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.0 -
i shudder at the thought, daylight robbery springs to mind.0
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I was refused for a vanquis card!!!!!!
Don't want it anymore tho!!!0 -
have you tried plugging those numbers into the whatsthecost calculator?Official DFW Nerd Club - Member no. 208 - Proud To Have Dealt With My Debts DEBT FREE DECEMBER 2008!!!0
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GettingThingsDone wrote: »have you tried plugging those numbers into the whatsthecost calculator?
Borrowing £10,000, repaying over 3 years:
Yikes! :eek::eek::eek:The Bottom Line
The bottom line, is that this loan for £10,000.00, over 36 months, will cost you £10,566.67 a month.
In taking out this loan, you'll pay a total of £370,400.17 in interest. The true cost of this loan is £380,400.00
I know it's not supposed to be used like that, it's more for short-term loans, but still... Yikes!!!!!!!:eek::mad::eek::mad: poppy100 -
so if you borrow £10,000 your repayments are over £10,000/month for 3 years??????
surely noone would be stupid enough to fall for that?0 -
i know these have very high interest rates, but sadly these are targetted to those on low inclome and who can't get credit elsewhere... i think provi has a quote like 'simple and easy repayments' however yes once you do the math its not quite so good... however i am sure they get lots of customers :rolleyes: sadly0
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