I sheet you not. Just received some SPAM from "Vanquis Bank" offering me a credit card with a 39.99% APR. 
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Knock first as I might be balancing my chakras. -
lol, when I first read the title I thought you were referring to a new rate for VAT from april
won't be long..."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas Jefferson -
That's actually quite reasonable for Vanquis. I did some network install work for them a few years back, they specialise in the "lower income" bracket of society (ie: people who cant really afford a loan but need one)Originally posted by suityou01 View PostI sheet you not. Just received some SPAM from "Vanquis Bank" offering me a credit card with a 39.99% APR.Comment
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That'll helpOriginally posted by GCR99 View Post
Knock first as I might be balancing my chakras.Comment
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That's true. They are part of Provident Financial Plc.... who are commonly in the news for offering loans to low income families with up to 300% APR, so you've got a bargain there.Originally posted by GCR99 View Post
Although, I bet if you look closely there are no late payments fees or penalties if you dont pay for a few months so, in some circumstances (i.e. your the type of sub prime market they focus on - which I'm certainly not suggesting you are), it might actually be alot cheaper than a regular high street provider
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How else are banks going to pay mega bonuses from now on?Comment
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