Reply With QuotePretty 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.
.Orger
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...
.Orger
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.
1K.Orger
Could you explain comments.......plsOriginally Posted by Angel
.Orger
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.
Banned
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
1K.Orger
umm is that porn shop or pawn shop *giggles*
http://itqueries.com/
1K.Orger
In this day in age id guess some folk would be "desperate" enough to pay that.
What doesn't kill you, will make you stronger.....
Banned
You shop where you want to shop and I'll..........
.Orger
I think adverts like that should be banned!
1K.Orger
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.
In every dustbin there's a Daffodil.-Eric Sykes.
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