118 118 money Eek!

[matt71]

Just seen an advert on th telly for 118 118 money, nice cheerful type of advert just like their directry enquires one, this time offering loans!

anyway at the end in another rather chirpy voice the APR is just 99.9%

blooming crazy that they are allowed to carry on this legal "loan shark" type deals! praying on the desperate and poor

:sbox: Matt

 

[HomerJSimpson]

You should have a closer look at the APR's on some of the other ads on TV. Even higher

 

[6inchcup]

Just seen an advert on th telly for 118 118 money, nice cheerful type of advert just like their directry enquires one, this time offering loans!

anyway at the end in another rather chirpy voice the APR is just 99.9%

blooming crazy that they are allowed to carry on this legal "loan shark" type deals! praying on the desperate and poor

:sbox: Matt

99.9% sounds a bargain WONGA (nasty lot ) were charging 2980% yes you read it correct,since a new law came in this year limiting the amounts payable a lot are going down the line of having someone co-signing and acting as guaranty for the loan to get round red tape.

 

[stevelev]

99.9% sounds a bargain WONGA (nasty lot ) were charging 2980% yes you read it correct,since a new law came in this year limiting the amounts payable a lot are going down the line of having someone co-signing and acting as guaranty for the loan to get round red tape.

And they are no where near the most expensive

http://www.thebureauinvestigates.com/2013/09/05/payday-loans-companies-charging-up-to-7000-experience-huge-growth/