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New challenge - find the highest interest rate on the net

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Old 18 January 2008, 11:38 PM
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twistybits
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Red face New challenge - find the highest interest rate on the net

I was browsing ebay looking at cars tonight and accidentally clicked on a link contained on the advert and was taken to this page ->

Cash loans from £50 to £500 | Provident Personal Credit

The challenge is to post a link to an advertised higher rate!

183.2%apr is the opening bid!!

TB
Old 18 January 2008, 11:39 PM
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speedymonkey
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Wonder if they do mortgages
Old 18 January 2008, 11:47 PM
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Kieran_Burns
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That's terrifying - you borrow £500 over a year and pay back £60 a month!!!
Old 18 January 2008, 11:48 PM
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boxst
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Not really a fair comparision as these loans are supposed to be short term, but I'll raise you to 1355% ...

Month End Money - Charges
Old 18 January 2008, 11:49 PM
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hux309
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Look at the bottom at payday loans.

Larry the Loan Broker | Secured and Unsecured Loans Advice in the Uk
Old 19 January 2008, 12:19 AM
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Boro
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4Quick - Services & Costs

2334% APR
Old 19 January 2008, 12:40 AM
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corradoboy
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Although not publicized as a loan, anyone whom stumbles into an unauthorized overdraft and suffers with charges for the letters and such, even for being £1 over for a couple of hours, can often pay in excess of 1,000,000% equivalent APR. Pay-check loans at 1000+% are way cheaper.
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