paydayloanuk

[Alf W]

These people have just emailed me with the opportunity to borrow money at 1355% APR. They are also inviting my comments on this service back to the following email address - customer.services@paydayuk.co.uk

F * ckin' Robdog James Blunts or what?

[NotAllThere]

Did you click on the button marked "I don't understand your APR". More flannel.

These guys have an APR of 2255%!

And these ones say "Depending on the loan term, typical APRs will range from 1351.7% to 9889.3%."

I think I see a plan B

[MrRobin]

Think we did this a while back...

They are required by law to say what the APR is but justify it by saying that you only typically borrow a small amount over a very short period so the interest is only like £10 (on £50 loan, after a month), and you avoid any possible big bank charges for late payments etc etc etc

Not that I'm defending them, they're loansharks for the 21st century.

[PAH]

Don't knock them, their APRs might not seem too bad soon with the way the economy's going.

[DimPrawn]

Do they do BTL mortgages?

[BoredBloke]

Do they do BTL mortgages?

The way prices are rising, soon you might need a BLT mortgage