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Loans2Go - Car Repossession
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I've borrowed from them multiple times. I've been known to borrow and settle within 30 days and pay no interest multiple times. Its a good system if you pay on time. Its just like having an overdraft......
This will impact your ability to get out of the sub-prime market for things like a mortgage etc as overdrafts don't normally charge 387.4% APR representative. Paying back in 30 days means you are using it a PDL, which again doesn't reflect well.
Please be careful, I would hate for it to impact your future without you realising.I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts 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 and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0 -
I have a loan with Loans2go. I've had it for months. I earn good money so can easily pay it back each month. This company helped me out when no other creditor would. The sublime credit market is cut throat. If you have a plan stick with it or they will take the car. They just auction them off for the loan amount which is 400-600 average. I've borrowed from them multiple times. I've been known to borrow and settle within 30 days and pay no interest multiple times. Its a good system if you pay on time. Its just like having an overdraft......
Pardon! Don't you mean 'sub-prime' not sublime.
You don't know much about the financial world, do you?"There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock0 -
poppasmurf_bewdley wrote: »Pardon! Don't you mean 'sub-prime' not sublime.
You don't know much about the financial world, do you?
No, I honestly believe that he meant sublime. He really does seem to like them."We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein0 -
Haters are gonna hate ^^0
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