Tuesday, 6 April 2010

Downright thievery

Just saw an ad on TV that astonished me.  A company called QuickQuid flogging short term loans at usurious rates.  The TV caption said "Typical 2356% APR" but surely that's a mistake thought I.

Nope.

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1 comment:

Julia said...

Whats the problem??
Are you some sort of communist??
Its a free market and you dont have to borrow at those rates if you dont want to.
Those are feckless waster rates for people who cant get anything else. Its doing them a favour even lending to them, how else will they afford 42" LCD tvs?

10 January 2011 at 02:00

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