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Is this legalised robbery?
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Author:  Sussex [ Fri Nov 02, 2007 7:47 am ]
Post subject:  Is this legalised robbery?
FFS 343.4% APR. :sad: :sad: :sad: :sad: :sad:

http://www.logbookloans.co.uk/index.html
Author:  JD [ Fri Nov 02, 2007 11:26 am ]
Post subject:  Re: Is this legalised robbery?
Sussex wrote:
FFS 343.4% APR. :sad: :sad: :sad: :sad: :sad:

http://www.logbookloans.co.uk/index.html


Nearly two grand profit, which is not bad for on an investment of 1500 pounds. All you need is 12 desperate people per year and you have a nice little income of 24 grand. If they don't pay, you sell the car.

Anyone who goes for this type of deal at these interest rates, must really be in dire straights.

Regards

JD
Author:  INCOMPLETELY [ Fri Nov 02, 2007 12:14 pm ]
Post subject: 
makes this one look good


http://www.providentpersonalcredit.com/ ... ffid=40661
Author:  gusmac [ Fri Nov 02, 2007 7:00 pm ]
Post subject: 
Very reasonable

Image

does someone break your legs if you miss a payment?
Author:  kermit2482 [ Fri Nov 02, 2007 9:46 pm ]
Post subject:  Re: Is this legalised robbery?
Sussex wrote:
FFS 343.4% APR. :sad: :sad: :sad: :sad: :sad:

http://www.logbookloans.co.uk/index.html


I personally deal with many people a day that use this sort of company, This has to be the worst, closely followed by Welcome car finance, the people that i come across are normally reduced to tears and i normally advise them to just hand the keys back, its truly disgusting how some people can take advantage of the already vulnerable in this way, it makes me so angry but thats life i guess :evil:
Author:  edders23 [ Fri Nov 02, 2007 9:57 pm ]
Post subject: 
I thought they were clamping down on those sort of companies the trouble is it is always those who can't afford to pay high interest rates that get conned by companies like that

well once britain becomes a muslim state in a few years time they won't be allowed to :-o
Author:  badger [ Sat Nov 03, 2007 5:39 am ]
Post subject: 
edders23 wrote:
I thought they were clamping down on those sort of companies the trouble is it is always those who can't afford to pay high interest rates that get conned by companies like that

well once britain becomes a muslim state in a few years time they won't be allowed to :-o
Whoo hoo,will that mean the hsbc wiping out all my interest charges :lol:
Author:  echo15 [ Sat Nov 03, 2007 7:40 am ]
Post subject: 
http://www.consumeractiongroup.co.uk/forum/vehicle-retailers-manufacturers/
There are a lot of people on that site that were so desperate for money that a log book loan was the only way to get some money. What a rip off though :sad:
Author:  grandad [ Sat Nov 03, 2007 11:34 am ]
Post subject: 
badger wrote:
edders23 wrote:
I thought they were clamping down on those sort of companies the trouble is it is always those who can't afford to pay high interest rates that get conned by companies like that

well once britain becomes a muslim state in a few years time they won't be allowed to :-o
Whoo hoo,will that mean the hsbc wiping out all my interest charges :lol:


To coin a phrase, "it doesn't work like that." :wink:
Author:  badger [ Sun Nov 04, 2007 6:13 am ]
Post subject: 
grandad wrote:

To coin a phrase, "it doesn't work like that." :wink:
Oh well :sad: :wink:
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