View Full Version : 2278% apr.
Have you seen what the % rate is on a Quick Quid loan....
Astro-flippin-nominal...
How desperate would you have to be...
Angel...
Pretty stupid I would think, but some people don't care or don't understand...
That's why there is a law against such things in Germany.
Have you seen what the % rate is on a Quick Quid loan....
Astro-flippin-nominal...
How desperate would you have to be...
Angel...
Could you explain comments.......pls
cazmanian_minx
21-Jun-10, 07:55
It's because of the fixed rate fee - the APR is about the same as asking a mate to lend you a tenner and then repaying his tenner and buying him a pint at the end of the week. I've seen ones in the 10,000% range before - I do think there should be a lot more regulation around them than there currently is.
It's only because the APR is calculated assuming you have the loan for a year. In fact it is only for a couple of weeks and you are charged a fee. It's similar to the deal you would get from a porn shop :eek:
umm is that porn shop or pawn shop *giggles*
telfordstar
21-Jun-10, 12:38
Have you seen what the % rate is on a Quick Quid loan....
Astro-flippin-nominal...
How desperate would you have to be...
Angel...
In this day in age id guess some folk would be "desperate" enough to pay that.
umm is that porn shop or pawn shop *giggles*
You shop where you want to shop and I'll..........[lol]
achingale
21-Jun-10, 14:53
I think adverts like that should be banned!
I think adverts like that should be banned!
why? should we all cower under your armpit, an i am pushing my luck here.
but are you a big grown up person or a little rat bag like i was long before pc's became (whatever the hell they are) best stop there.
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