Omega Owners Forum

Chat Area => General Discussion Area => Topic started by: Big Fra on 12 October 2009, 10:34:57

Title: This takes the complete mickey! Unbelieveable!
Post by: Big Fra on 12 October 2009, 10:34:57

Whilst the TV was on in the background, I saw an advert for quickquid.com.

You can borrow money instantly,
Apply before 2:30, get money same day,
Instant payday loans,


Typical APR.......

2356%

Was this number reached by mashing their hand flat onto a calculator and seeing what came up?

Title: Re: This takes the complete mickey! Unbelieveable!
Post by: Jimbob on 12 October 2009, 10:39:09

i do not beleive anyone could legally and morally do that!

http://www.quickquid.co.uk/fee-schedule.html

Now I do  :'(

Title: Re: This takes the complete mickey! Unbelieveable!
Post by: Elite Pete on 12 October 2009, 10:44:48

They should have there licence taken off them, thats terrible >:(

Title: Re: This takes the complete mickey! Unbelieveable!
Post by: RobG on 12 October 2009, 10:57:35

Just sent e-mail to the FSA asking why they allow companies such as this to practice legal extortion if they are there to regulate. Interesting to see if they reply >:( >:(

Title: Re: This takes the complete mickey! Unbelieveable!
Post by: Squealey on 12 October 2009, 12:46:50

Do other countries have to put up with this B.S???

Or is it just our slack jawed government that allows this type of extortion and preying on the needy and desperate!!!!! >:( >:( >:( >:( >:( >:( >:( >:( >:(

Title: Re: This takes the complete mickey! Unbelieveable!
Post by: Chris_H on 12 October 2009, 13:30:34

Quote

Do other countries have to put up with this B.S???

Or is it just our slack jawed government that allows this type of extortion and preying on the needy and desperate!!!!! >:( >:( >:( >:( >:( >:( >:( >:( >:(

You should bear in mind that "Financial Services" are "what this country is good at".

Shameful APR but at least it's there in black and white.

I completed the first half of a debt-counselling course (training to help people who are in debt that is) last week.  Seems it may not be too late after all.  I thought the recession was on the way out but with that sort of loan available there must be some people taking them up on it.

Title: Re: This takes the complete mickey! Unbelieveable!
Post by: zippo on 12 October 2009, 13:35:06

Ive just had a mooch about and found a firm that will only charge 265% interest .