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Any loans with high interest rate?

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  • System
    System Posts: 178,421 Community Admin
    10,000 Posts Photogenic Name Dropper
    The daft part is that they will repay that and then some. It might not be to the people they borrow the money from but they'll end up repaying that and more in the higher costs they pay for everything from the electricity and gas they'll have to get on a token meter to the pay as you go phone they'll have to have because nobody will give them a contract. You never ever walk away from not paying a debt scot free.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • joewest439 wrote: »
    Hello to everyone,

    Does anyone know of any financial institutions that offer considerable sized loans to people with poor credit ratings?

    Looking at if from the lender's perspective that reads as "Are there any financial institutions that offer considerable sized loans to people who are unlikely to pay the money back?"

    joewest439 wrote: »
    I really don't care if the interest rate is rediculous either. I believe this would be inevitable. But just want to find a company that will actually loan the money to me.

    To say you don't care about the APR reeks of desperation and suggests you aren't actually thinking ahead about how you are going to manage the repayments.
  • There are out there for direct lending

    118
    Avant Credit
    Likely loans

    But i would advise don't borrow more than you can afford as always and repay on time via direct debit always
  • To the people who have submitted useful replies - Thank you very much.

    To the presumptive and accusing keyboard warriors - Jog on...
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