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Bit skint? Wanna raise some cash quick? Have no fear, look here!

Caesium Jun 16, 2009

  1. Caesium

    Caesium My BM is fixed! VCDS Map User

    4,879
    4
    36
    Check this site out;

    http://www.logbookloans.co.uk

    Scroll to the bottom to see what a bargain it is, although I think the .4% is the bit that put me over the edge....
     
  2. alijames

    alijames Active Member

    1,024
    0
    36
    437% interest? Loan sharks charge less than that!!

    Cheers,
     
  3. Neilybabs

    Neilybabs New Member

    660
    10
    0
    Same here I mean, how greedy can they be to put that .4% on ffs?!
     
  4. Nilz

    Nilz Defo worth the wait :) Team Ibis TFSI Owners Group quattro Audi A4 S-line owners group saloon Manual

    11,356
    894
    113
    Phew!!!!!
     
  5. Broken Byzan

    Broken Byzan Photographic Moderator Staff Member Moderator VCDS Map User quattro Audi A4

    13,237
    465
    83
    Where do i sign ???
    LOL
     
  6. fingermouse

    fingermouse thats me

    4,004
    112
    63
    is that a joke site ????
     
  7. Road Razor

    Road Razor Member

    411
    0
    16
    At APR of 437%, I entered £50k (loan amount) into a Loan & APR calculator just to see what results it returns:

    (3 years duration)
    Number of Monthly Repayments: 36
    Monthly Loan Repayment (£): £7,570.00
    Total amount to repay (£): £272,520.10
    Total Interest charged (£): £222,520.10 :bye:

    (Spread across 6 years)
    Number of Monthly Repayments: 72
    Monthly Loan Repayment (£): £7,521.54
    Total amount to repay (£): £541,550.84
    Total Interest charged (£): £491,550.84 :sign_omg:

    (Spread across 10 years)
    Number of Monthly Repayments: 120
    Monthly Loan Repayment (£): £7,521.23
    Total amount to repay (£): £902,547.31
    Total Interest charged (£): £852,547.31 :Flush:

    These are just approximate figures. But yeah that's just pure greed.
     
  8. jojo

    jojo Looking for Boost! Staff Member Moderator Team Daytona Audi S3 quattro Audi A6 Audi Avant Owner Group

    28,935
    3,588
    113
    Hmm. I could borrow quite a bit with all the logbooks I got lying around! :)
     
  9. lil_coz

    lil_coz Active Member

    1,641
    19
    38
    I think its a typo. They accidently pressed 4 and 3 before putting in 7.4%. Either that, or they wanted to be REALLY accurate and they just put the decimal point in the wrong position. It's really 4.374%




    You don't want to be missing any payments would you!? :slapped:
     

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