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Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick). There's also a "U" rating so please respect this. Newbies can also say "hello" here too. |
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04-05-06, 11:51 PM
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#1 |
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Guest
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the worlds highest APR loan :D
definitely worth a look if you need a new bike on finance
 
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04-05-06, 11:54 PM
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#2 |
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Guest
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497.4%
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04-05-06, 11:54 PM
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#3 |
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Moderator
Mega Poster
Join Date: Jan 2004
Location: In the garage where I belong
Posts: 17,083
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That's... a little high. Short terms always go ridiculous because the admin fees are incorporated into the APR, but still. Makes Ocean Finance look positively ethical
__________________
"We are the angry mob, we read the papers every day We like what we like, we hate what we hate But we're oh so easily swayed" |
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05-05-06, 12:35 AM
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#4 |
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Guest
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I'm not sure how to work out APR but £736 is 147.2% of the £500 you'll have borrowed in the first place! That seems extremely high too
 
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05-05-06, 04:14 AM
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#5 |
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Guest
Posts: n/a
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Ah, the "Provvy Man" cometh
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05-05-06, 08:05 AM
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#6 | |
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The Sick Man
Mega Poster
Join Date: Nov 2004
Location: Peckham.SE.LDN
Posts: 4,768
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Quote:
APR is a rough guide along with AER to compare with other loans. Im not 100% the diff but they are comparable.
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