Showing posts with label Pay-day loans.. Show all posts
Showing posts with label Pay-day loans.. Show all posts

Monday, 27 February 2012

Pay-Day Loans (A Rant).


You 'avin a larf?

We've all seen these adverts for short term 'Pay-Day' loans, but if your credit's that bad that the Acme High Street Bank won't offer you a short term loan, why on earth would you borrow from this bunch of wide-boys.

You'd think that anyone seeing adverts for money at an Annual Percentage Rate (APR) of FIVE THOUSAND, FIVE HUNDRED, AND SIXTY NINE PERCENT would take to the hills. But these adverts are becoming more and more common, so I imagine that desperate clients are queueing at their doors.

Cro's advice: Don't borrow money at 5,569%. That's it. Nothing else to say. No more discussion. End of story!


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