Crazy Loan Interest Rates
A colleague was browsing for loans on a popular price comparison website, MoneySupermarket.com, and happened to spot the following two CRAZY deals:
Who in their right mind is going to pay over 60% APR, let alone nearly 200%, when the lowest available is just 6.3% ?!
I know it's hard for some people to get credit, but here's a bit of advice: if you can't get one of the top 5-10 in this list, you probably shouldn't be getting a loan in the first place.
Update 22 Aug 2013 - links to MoneySupermarket.com have been removed on the request of MoneySupermarket.com.