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Thread: Would you take out a loan at 793.8% APR?

  1. #1
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    Default Would you take out a loan at 793.8% APR?

    just seen a colourful ad on one of the satellite channels advertising loans up to stg£1000 that you could get over the phone, the interest rate was mentioned at the end. Are people fucking stupid? Why aren't the people offering these 'loans' not in jail?

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    The day the doctor says "you have a week to live" I'll be down there like a shot!

    Quote Originally Posted by dob View Post
    just seen a colourful ad on one of the satellite channels advertising loans up to stg£1000 that you could get over the phone, the interest rate was mentioned at the end. Are people fucking stupid? Why aren't the people offering these 'loans' not in jail?

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    talkabout (13-12-14)

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    Btw, 800% is cheap for some of these. I've seen some at over 2000%

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    Petros (14-12-14)

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    You would want be very stuck.

    loan sharks

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    This what I saw on the telly earlier.

    The guys that break your legs if you don't pay up seem to have more integrity.

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    tom sand (14-12-14)

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    and ask them for that much interest on your savings they would prob shoot you lol

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    SmallHorn (14-12-14)

  11. #7

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    Quote Originally Posted by dob View Post
    just seen a colourful ad on one of the satellite channels advertising loans up to stg£1000 that you could get over the phone, the interest rate was mentioned at the end. Are people fucking stupid? Why aren't the people offering these 'loans' not in jail?
    Check out Wonga`s 18 day loan. APR 5853%, and this is a company who are allowed to sponsor a premier league football team in England.

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    Sounds like this ought to be reported to the Gardai to keep them busy next year so they don't come bothering us boys ?

    What do you think

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  14. #10
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    Cop

    It seems that the financial regulator in Ireland won't give licences to these cunts to operate here.

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    Jericho (14-12-14), Escort AdvertiserStephanie (14-12-14)

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