Lers see who can find the biggest example of rip offs in the UK.
Here is one I found on a pop up sponsored by the Nationwide.
This is an extract of an add for "Log Book Loans":-
You can obtain a bad credit loan through Logbook Loans which is an ideal solution if you are in need of a secured loan, payday loan or bad credit loan. A Logbook Loan is ideal for people who may currently have bad credit through no fault of their own. You can take a bad credit loan which is a secured loan against your cars Logbook.
Loan Amount Weekly Repayment Loan Term APR Total Repayable
£1,500 £53.60 78 weeks 437.4% £4,180.80
Please note, you can make significant savings if you choose to settle your loan early:
Settling after 1 month : £1,845.27 (total payable)
¼ of the term (20 weeks) : £2,601.90 (total payable)
½ of the term (39 weeks) : £3,408.18 (total payable)
¾ of the term (59 weeks) : £4,060.00 (total payable)
APR 437.4 anyone beat that?
The annoying part about it is, it was these disgusting financial institutions greed that caused the present financial climate which led to both them and the public losing fortunes.
Both being victims you would expect them to try to help both parties to recover.
Oh no, these institutions just want to rip you off all over again to recover what they lost.
The financial sector are the cancer of any society
Barbara Dol
Sorry you are wrong, it was not the bad credit borrowersa who started the credit crunch, it was the greedy investors who decided tobuy into that borrowing who started it and encouraged it.
Many people have bed credit for the most trivial of things, are you any better than they?
Here is one I found on a pop up sponsored by the Nationwide.
This is an extract of an add for "Log Book Loans":-
You can obtain a bad credit loan through Logbook Loans which is an ideal solution if you are in need of a secured loan, payday loan or bad credit loan. A Logbook Loan is ideal for people who may currently have bad credit through no fault of their own. You can take a bad credit loan which is a secured loan against your cars Logbook.
Loan Amount Weekly Repayment Loan Term APR Total Repayable
£1,500 £53.60 78 weeks 437.4% £4,180.80
Please note, you can make significant savings if you choose to settle your loan early:
Settling after 1 month : £1,845.27 (total payable)
¼ of the term (20 weeks) : £2,601.90 (total payable)
½ of the term (39 weeks) : £3,408.18 (total payable)
¾ of the term (59 weeks) : £4,060.00 (total payable)
APR 437.4 anyone beat that?
The annoying part about it is, it was these disgusting financial institutions greed that caused the present financial climate which led to both them and the public losing fortunes.
Both being victims you would expect them to try to help both parties to recover.
Oh no, these institutions just want to rip you off all over again to recover what they lost.
The financial sector are the cancer of any society
Barbara Dol
Sorry you are wrong, it was not the bad credit borrowersa who started the credit crunch, it was the greedy investors who decided tobuy into that borrowing who started it and encouraged it.
Many people have bed credit for the most trivial of things, are you any better than they?