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| Loan Application https://www.beexcellenttoeachother.com/forum/viewtopic.php?f=3&t=965 |
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| Author: | BikNorton [ Fri Oct 10, 2008 18:14 ] |
| Post subject: | Re: Loan Application |
Erm. That's quite fucking unreasonable, if you ask me. But then, I've not been desperate for £100 to keep me going for a fair while - and then it '97-99 and I was a student, and no-one minded turning a blind eye to my guaranteeing cheques I couldn't cover back then. |
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| Author: | Cras [ Fri Oct 10, 2008 18:20 ] |
| Post subject: | Re: Loan Application |
The thing is, if it's just to stretch you until payday, it's pretty much fine because you won't likely have much difficulty finding that £20 to pay them. If you get the loan because you've run out of crack, that's a different story. |
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| Author: | Dudley [ Fri Oct 10, 2008 20:24 ] |
| Post subject: | Re: Loan Application |
CUS wrote: But is not a frightening APR a, perhaps the definition of an unreasonable loan? No because it's not a year long loan, it's for 2 weeks. If it was what you'd consider a reasonable APR (say 20%) they'd make about 50p, which is clearly not worth the paperwork. |
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