FFS 49.9 TYPICAL APR .........daylight robbery

[No,Knowledge]

http://www.bayv.co.uk/?gclid=CIW0tc-rpZoCFQVaF Qod_y3c8g


How hard up must you have to be to consider this?

[stokemaveric]

unfortunatley no.kno there are loads of sharks out there who will target the vulnerable.............

[No,Knowledge]

I just saw this on TV and i was gobsmacked.
Will anything ever be paid for @ 49.9 apr??

[albaqwerty]

i guess buying on the never never is back with a vengeance

[knobbynonut5]

I blame swine flu

[Ethel]

Thankfully they sell nothing that is absolutely essential for one's day to day life.
No matter how dire your straits are, you don't have to do business with them.

[stokemaveric]

you are right no.kno it would take for ever and a day to pay anything off from these sharks......but i guess some people will be so desperate for goods they will STILL buy from them....

[Ethel]

Most of it seems to be paid for over three years.

[No,Knowledge]

wow this is amazing https://www.providentpersonalcredit.com/apply/?ref=GO_AT&st=provident%20financial

any higher apr available?

[No,Knowledge]

https://www.providentpersonalcredit.com/apply/?ref=GO_AT&st=provident%20financial

[Ankou]

try 500 cash for 23 weeks....


http://www.myprovident.co.uk/products/LoanCalc ulator.aspx

[Ethel]

Provident - 254%.

I'd want more than that lending to their customers.

Don't forget Provident lend small amounts of money of short periods of time to people who simply are not credit worthy and can't get a loan from a bank.

[Ethel]

Frankly I see nothing wrong with the companies highlighted - their terms and interest are clearly there for all to see.

They are not trying to hoodwink anybody.

[Ankou]

ethel i wasn't having a go at any company, just answering the question.

[Ethel]

Vibrasphere - these customers will have very poor credit ratings, a history of not paying their debts. They are a very big risk, hence the high interest rates.

Some of their customers are the sort of people who 'buy' expensive goods on credit and sell them. They have a house full of tat, so there is nothing to repossess. The company has lost out becuase the customer either does a runner or simply refuses to pay.

The alternative for those people is the bloke in the pub who'll break your leg if you don't pay.

[Ethel]

It is regulated. Don't forget that at 254% the loan would probably be only for a few weeks, so they don't actually 254%.

If I lent you �50 for a month and wanted �60 back you wouldn't think that was unreasonable, but the APR would be horrendous.