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Old 11 April 2005, 03:20 PM
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talizman
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Default Lombard Direct

Swines!

I applied for a personal loan and got quoted the usual 6% APR.
I was accepted with no mention of an alternative APR, only to find that they have (almost) trebled the APR when my loan agreement papers arrived!

Barstewards!

Luckily I read the small print before signing away an extra £1200 in repayments for a poxy £5k loan.

See ya Lombard!
Old 11 April 2005, 03:21 PM
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paul-s
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1200 quid extra on only 5k
Old 11 April 2005, 03:29 PM
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talizman
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Originally Posted by paul-s
1200 quid extra on only 5k
They initially quoted me 60 repayments of £96 = £5760 (6% APR)

however sent the loan agreement through with 60 x £116 = £6960 (14.5% APR)

£1200 extra? I don't think so.....
Old 11 April 2005, 04:57 PM
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camk
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£5K over 5 years......
Old 11 April 2005, 05:02 PM
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Lee247
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Alliance & Leicester 5.9% and you can do it online for an instant quote and it doesn't change.
Old 11 April 2005, 05:43 PM
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talizman
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Originally Posted by camk
£5K over 5 years......
Yes, why?

£152 interest a year so why not?

Old 11 April 2005, 05:54 PM
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James Neill
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Northern Rock are the best at the moment (5.7%)
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