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Ridiculous interest rates
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I don't need a loan at the moment, but I just saw an advert advertising them at... 437.4% typical APR!
:eek:
http://www.simplefastloans.co.uk/
Now, I'm not particularly clued up on financial matters, but surely that's just obscene!!! Is this even in the realms of normality; have I led a life sheltered from these crazy rates?
:eek:
http://www.simplefastloans.co.uk/
Now, I'm not particularly clued up on financial matters, but surely that's just obscene!!! Is this even in the realms of normality; have I led a life sheltered from these crazy rates?
0
Comments
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As I've said elsewhere the local loan shark (crooked as he is) charges twelve and a half percent on the whole amount of the loan.. borrow a grand, and he expects 1125 back.. however, he does get a bit insistent if you miss a payment.!! but its still a better option than the above!0
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