Non-motoring > Borrow money at 2689% APR here! Miscellaneous
Thread Author: Chris White Replies: 9

 Borrow money at 2689% APR here! - Chris White
Well I was rather suprised,

www.wonga.com/

You can borrow money short term from them at 2689% APR. I know it's the convenience that you're paying for but that figure is scary!

 Borrow money at 2689% APR here! - Netsur
Yes - I saw the advert on TV and before the APR figure flashed up my thought was "what's the interest rate?". Yikes!
 Borrow money at 2689% APR here! - smokie
ISTR you can also be a lender on that site. Suddenly looks better eh?
 Borrow money at 2689% APR here! - Zero
to be fair, they are very up-front about how much it will cost you.
 Borrow money at 2689% APR here! - Duncan
>> to be fair they are very up-front about how much it will cost you.
>>

Under current legislation, I think they are required to be.
 Borrow money at 2689% APR here! - Pat
Desperate people only see >>>We can deposit up to £400 in your bank account, or pay bills by 11:01 today<<<


Pat
 Borrow money at 2689% APR here! - Dave_
Been there, done that, pawned the T-shirt :-(
 Borrow money at 2689% APR here! - Bellboy
i find it very hard to give comment on that site suffice to say ************************
 Borrow money at 2689% APR here! - Dave_
>> ************************

My thoughts exactly...
 Borrow money at 2689% APR here! - L'escargot
To some people, paying back £525.48 after 30 days maybe doesn't sound that much worse than paying back the £400 borrowed.
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