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Old 18 May 2008, 05:51 PM
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bootsy
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Default log book loans
i found this link on another car forum.http://www.logbookloans.tv/.talk about getting ripped off.i think the apr a bit on the steep side
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Old 18 May 2008, 05:55 PM
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343.4% APR Typical
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Old 18 May 2008, 06:08 PM
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437.4% APR Typical

Think that's got to be the highest APR i've ever seen
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Old 18 May 2008, 06:08 PM
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Originally Posted by Dedrater
343.4% APR Typical
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Old 18 May 2008, 06:22 PM
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Then miss one payment and they take your car?

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Old 18 May 2008, 09:18 PM
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Fantastic, i need a last minute weekend break before payday

WTF

And i need to pay my mortgage

i,ll just take a loan out at 384% to pay my 6% mortgage payment


and whats the betting there,s loads of people queuing up to do it

Mart
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Old 18 May 2008, 09:22 PM
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340BHP-WRX
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Seriously,how desperate(or stupid)must people be to take out a loan like that
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Old 18 May 2008, 09:25 PM
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Bargain, I'm there I'll borrow the money to run the car????
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Old 18 May 2008, 09:28 PM
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They have a sister company....

Payday loans | Get a fast loan online with Payday Power
Typical APR 1355%
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Old 18 May 2008, 09:33 PM
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340BHP-WRX
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Originally Posted by Jaybird-UK
They have a sister company....

Payday loans | Get a fast loan online with Payday Power
Typical APR 1355%
WOW ! Tell you what,i'll lend anyone on here money at only 1000% APR - Bargain
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Old 18 May 2008, 09:36 PM
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Originally Posted by moff1888
Bargain, I'm there I'll borrow the money to run the car????
Cash converters in plymouth do log book loans for a mere 333% Get there quick though or the chavs will have emptied all the cash hocking their tv's and babies clothes to by drugs.
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Old 18 May 2008, 09:39 PM
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Originally Posted by 340BHP-WRX
WOW ! Tell you what,i'll lend anyone on here money at only 1000% APR - Bargain
You ferking loan shark




















make it 933% and i'll take a ton
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Old 18 May 2008, 09:40 PM
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Good ol Plymouth
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Old 18 May 2008, 09:46 PM
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Don't they justify those payday loans by stating that they are very short term and compared to an unauthorized overdraft with interest and penalties they can be significantly cheaper.






Overdraft = 147359739444%
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Old 18 May 2008, 09:56 PM
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wow wah wee wah
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