Well I was rather suprised,
www.wonga.com/
You can borrow money short term from them at 2689% APR. I know it's the convenience that you're paying for but that figure is scary!
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Yes - I saw the advert on TV and before the APR figure flashed up my thought was "what's the interest rate?". Yikes!
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ISTR you can also be a lender on that site. Suddenly looks better eh?
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to be fair, they are very up-front about how much it will cost you.
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>> to be fair they are very up-front about how much it will cost you.
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Under current legislation, I think they are required to be.
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Desperate people only see >>>We can deposit up to £400 in your bank account, or pay bills by 11:01 today<<<
Pat
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Been there, done that, pawned the T-shirt :-(
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i find it very hard to give comment on that site suffice to say ************************
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>> ************************
My thoughts exactly...
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To some people, paying back £525.48 after 30 days maybe doesn't sound that much worse than paying back the £400 borrowed.
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