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Thread: Wonga off.

  1. #21
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    Quote Originally Posted by Robin View Post
    Even Jesus just chased them out of the temple , he didnt machine gun them .
    I would not machine gun them as it would be a waste of bullets. A good bit of rope is the best thing and you can use it again and again.

  2. #22
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    Sell the rope to them first , as Kruschev said .

  3. #23
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    just seen an advert for QuickQuid which in fairness to them, had written in large writing "1734% APR". I can't remember who it was, but I do recall one company being a bit above 2200% APR

    Might the problem be that people don't understand what "1734% APR" actually means? These companies aren't hiding the rate, and the morals of charging such a high amount aren't really in question. Whether the FSA should allow such high rates is however quite pertinent. For the true figures (which make for terrifying reading) check the link below!

    Loan payment | Calculators | guardian.co.uk Money

  4. #24
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    Quote Originally Posted by angelman View Post
    just seen an advert for QuickQuid which in fairness to them, had written in large writing "1734% APR". I can't remember who it was, but I do recall one company being a bit above 2200% APR

    Might the problem be that people don't understand what "1734% APR" actually means? These companies aren't hiding the rate, and the morals of charging such a high amount aren't really in question. Whether the FSA should allow such high rates is however quite pertinent. For the true figures (which make for terrifying reading) check the link below!

    Loan payment | Calculators | guardian.co.uk Money

    When someone is desperate for money they will still borrow it. I some times think they put their lives on hold in the hope something will turn up. I know people that are convinced that one day their lottery ticket will come up and all their problems will disappear. They put their lives on hold until the next lottery draw. I suppose it’s a bit like gambling.

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