Thetownend.com

http://www.providentpersonalcredit.com/

Looking at my spam folder today got another messege from Pablo Bender informing me that i cant get it up and would i want some of his viagra...i did try a tablet once and had a stiff tongue for a week.
Anyway i also had an email from provident credit...i thaught they had made a mistake when i saw the interest rate on the loans they dish out....272%!!!!!!!!!..thats a disgrace and i am really suprised they can get away with it.

Have you seen the advert for payday loans on the telly lately? The very small print at the bottom of the screen points out a typical 2356% APR. Scandalous.

Fair enough if someone's prepared it pay it. :D

At that price I'd expect my loan shark to be an actual Great White.

I can beat that - wonga.com are advertising on TV at the moment with an APR of 2689%.

To be fair though, these companies offer a service that no one else does - short term loans to people that don't have anywhere else to go. If you need £100 to get your gas and electric turned back on but don't get paid for a couple of weeks, borrowing the money now and having to pay an extra £20 back isn't that bad an option.

As long as the APR and costs are clearly shown and everything is above board, where is the problem?

Because that scenario rarely happens, and the debts build up until people are financially crippled. Shysters all of them. Barely legalised gangsters.

Meh. Caveat emptor.

Wasn't he on the bench for Inter this evening?

I thought that was Pablo Bender?