Apr 183.2 % !!

PROLIANT

clio wrote: »

I,m champion MR P cheers for asking, don,t take the bike anywhere near Kenton they'll have it stripped down pronto lol...

Are you from Wingrove Road? butbutlolololololol :rotfl:

clio

LOL hahahahahahahahaha plenty room on top

sdooley

ok take a loan of £520 over 52 weeks. Weekly payment of £20 so the interest you repay is £520. This is 100% interest on a 'flat' basis but the actual interest rate (APR/IRR) is just under 200% because each week part of the capital has been paid off, i.e. at 6 months only £260 is outstanding.

MrsM2be

PROLIANT wrote: »

Try HSPF(home shopping personal finance) from kays or littlewoods, I have a pap credit rating and they gave me a £2000 @ 22% APR and it is underwritten by the Bank of Scotland, look on the web site at the bottom for a link called "Your Money". Give them a go.

HI there, i too have a littlewoods home shopping account & am getting very tired of their recent interest hikes ver the past 6 mths. I have now received a letter stating that as of June 2008 the interest APR will be 39.9% on all purchases if you have a balance of less than £1000 !!!!!!!!!!!!,,,this is the 3rd increase since Christmas,,,,,,surely they are not allowed to keep hiking th APR up,,,,,are they?

PROLIANT

MrsM2be wrote: »

HI there, i too have a littlewoods home shopping account & am getting very tired of their recent interest hikes ver the past 6 mths. I have now received a letter stating that as of June 2008 the interest APR will be 39.9% on all purchases if you have a balance of less than £1000 !!!!!!!!!!!!,,,this is the 3rd increase since Christmas,,,,,,surely they are not allowed to keep hiking th APR up,,,,,are they?

I dont pay interest on my Kays or Littlewoods accounts, everything I buy I opt for the 6 or 12 Months 0% APR option.

Spire128

sdooley wrote: »

ok take a loan of £520 over 52 weeks. Weekly payment of £20 so the interest you repay is £520. This is 100% interest on a 'flat' basis but the actual interest rate (APR/IRR) is just under 200% because each week part of the capital has been paid off, i.e. at 6 months only £260 is outstanding.

Hmm not sure how u have calculated this as on the figures you have given
£520.00 Loan and 52 weekly payments of £20.00
the Apr is 424.1%

As far as the original poster the Provident Apr is correct.

Cumbrian_Male

PROLIANT wrote: »

Ah the good old Provy, the only good thing about these muppets is if you dont pay them back as they are not regulated by the FSA, they can't record bad credit data nor can they enforce the debt.

I think you will find that the competition commission enquiry and OFT case made a ruling that all home credit providers must report account data, good and bad, to all 3 of the CRA's.

PROLIANT

Cumbrian_Male wrote: »

I think you will find that the competition commission enquiry and OFT case made a ruling that all home credit providers must report account data, good and bad, to all 3 of the CRA's.

When did this start?

needabiglotterywin

given the chance im going to have to lend £800 from them, could someone give me an idea of how much i pay back in interest over a year? i think a rep came to my house today but i was bathing my daughter so couldnt answer

needabiglotterywin

PROLIANT wrote: »

Try HSPF(home shopping personal finance) from kays or littlewoods, I have a pap credit rating and they gave me a £2000 @ 22% APR and it is underwritten by the Bank of Scotland, look on the web site at the bottom for a link called "Your Money". Give them a go.

i have a littlewoods ,kays and choice account, do you think the chances of being accepted a loan from them would be good?