Quote:
Originally Posted by neio79
That is rediculous APR!! why would anyone take out 1 £300 loan over almost 5 years!!!
are there really people around who will take out that?
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I guess if you're a single parent scraping by on benefits and are desperate enough, you'll go for it. It's no co-incidence, I don't think, that it's arrived just as the Xmas marketing assault on parents is about to start.
It does seem wrong that the poorest people are hit with the highest APR though.