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How's Payday UK's loan rate?Somebody used it?How's its service?

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Jill.Se | 08:52 Mon 29th Dec 2008 | Personal Finance
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I need some money for personal cash loan, with no credit check? question see above.
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Its rate is like 25%, so itis ok if you borrow a little money like hundred pounds,big money you will pay a lot to them, I think this one give you very clear details, you can check all the details there.


http://paydayuk.sitetosites.com/
I think the 25% figure is misleading, antacx. Yes, there is a charge of 25% so if you borrow �1000 you incur a charge of �250. But the loan has to be paid out within the month, i understand. So 25% interest rate over a month is like 300% a year! And I bet for many people it isn't just a one-off loan- won't similar bills occur next month too? The best way is to spend less, save some money, get a decent credit rating and avoid getting into the debt trap.

Anyway, are some of these posters working together today to promote these loans?
it is the 2nd post I've seen within 24 hours with the same site mentioned.. but their rates are extortionate and surely only for the desperate, who are even more likely to get hammered for not paying up on time.
yeah, you recommended it yourself just yesterday! reported for advertising. tut tut.

http://www.theanswerbank.co.uk/Business-and-Fi nance/Personal-Finance/Question679455.html


I have noticed the attached posting from someone called Jill C (compared to Jill Se on AB!) and there's an identical advert for this company from AB poster Sean C. All greenies. mmm, I wonder....

http://uk.answers.yahoo.com/question/index;_yl t=Aig1_ED1Sndj6eUsH6qA4Sr7Bwx.;_ylv=3?qid=2008 1228233540AAEdrX1
Notice how anatacx always responds to JillSe's postings within minutes with an advert in response? And a Jill C is doing the same on another site? And then Sean C is involved too?
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