I've highlighted exorbitant interest rates on loans before. Back in 2007, I thought 177% APR was an insanely steep interested rate, but two years later I stumbled upon some astonishing interest rates that I thought would bankrupt you. Oh I was so wrong. Those loans won't bankrupt you, the ones currently being advertised on TV from Wonga.com definitely will...
We were sitting watching telly last night when we heard our letterbox flap squeak as it does when someone pushes junk (and any other) mail though. I went over and grabbed the junk mail flier that had been pushed through and had a quick squizz.
The flier was for Provident gift vouchers. I very quickly dismissed it as more crap and…
The cost of borrowing money in the UK has hit an all time low and is nearly free. The BoE dropped interest rates to a record low of 0.5% today. Sadly this isn't quite as good as it sounds. The drop doesn't really help many people as most of the banks aren't passing this on in reductions in mortgages and …
I just got this morning's post and it seems Alliance & Leicester didn't quite understand me when I rejected their PPI cover. They've sent a letter today with a form already filled in waiting for me to sign it and send it back. I sent it... straight to the bin.
I've highlighted exorbitant interest rates on loans before. Back in 2007, I thought 177% APR was an insanely steep interested rate, but two years later I stumbled upon some astonishing interest rates that I thought would bankrupt you. Oh I was so wrong. Those loans won't bankrupt you, the ones currently being advertised on TV from Wonga.com definitely will...