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Comments
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I was refused for a vanquis card!!!!!!
Don't want it anymore tho!!!
Me too - and I only filled in the form to see if it was a genuine offer - I would have cancelled the card BEFORE it was activated. It appears that they are 'owned' by our old friends Provident.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
findingmyownway wrote: »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?
These companies don't deal in that type of loan.
They operate in an environment where normal credit facilities are not usually available, and, usually, for 'relatively' small amounts of money. They stop just short of the definition of 'loan sharks' and claim a certain amount of respectability in their particular section of the market.
Hence the number of shops that display the 'Provident Cheques Welcome' sign.
This, however, does not excuse their exorbitant interest rates.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
scary though!Official DFW Nerd Club - Member no. 208 - Proud To Have Dealt With My Debts DEBT FREE DECEMBER 2008!!!0
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absolutely shocking :eek: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:Official DFW Nerd Club - Member no. 492 - Proud To Be Dealing With My Debts0 -
Before i went br i was refused for a provident loan!
I was very desperate at the time but im glad the refused it.:j WILL GET THERE SOON :j
WATCH OUT FOR THE PIG FLYING PAST!!
:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl:0 -
And some people are using them? good grief.Time, Tide and Diarrhoea wait for no man.
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I got a freind whos borderline poverty , and he live sof these , declines any help. He spent 400 quid of his 800 quid wage ona a PS3 last month and then yesterday , he got a pay day loand for 700 and has to repay 940 so on pay day he has to go to another shop , and borrow 140 .
Im in debt but glad I aint got this going on anymore0 -
These companies are just nasty.Barclaycard 3800
Nothing to do but hibernate till spring
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I got a freind whos borderline poverty , and he live sof these , declines any help. He spent 400 quid of his 800 quid wage ona a PS3 last month and then yesterday , he got a pay day loand for 700 and has to repay 940 so on pay day he has to go to another shop , and borrow 140 .
People like this deserve everything they get. :mad:poppy100 -
New products? provident and payday cheque companies have been running since the dinosaurs.
This is definatly nothing new and its certainly well documented on these forums. The provident have literally been working for way way way before my time.
Its the old fashioned benefits skim, what keeps the poor happy? Provident loans A fair proportion of people fall for it. 0
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