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Can someone explain APR
Comments
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I have missed 3 payments which is the last 3, and have asked them if I can reduce the payments and they said no so they are taking me to court.
They want the remainder of the money which includes 3 missed payments, £4,100 which is definitely a total of 14,700 repayable over the 4 years.
Yes I think I was really naive when I took this loan out as I thought the interest of 33% on the £7,000
I borrowed
outrageous that they would want the money that you agreed to pay them in return for a loan....how dare they.......I am shocked, shocked I tell you!!!!!!!0 -
If you are struggling to keep up with your repayments contact one of the debt charities (CAP UK, National Debtline or Step Change) for advice.0
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