Worse than a Loan Shark

millie cat

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Joined: Nov 2008

Posts: 52
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#1

Worse than a Loan Shark

1st February 2009, 04:50:AM

Simon Templar from money hospital says:
Thursday 29 January, 2009 / 14:17

Went £29 over my overdraft limit for 5 days and was charged £119 for it!

Equates to a 'reasonable' 29,000% APR.

Loan sharks offer around 500% and they are chastised.....

x x x Millie Cat x x x

Got 75% of my OverDraft Charges back, yerrrr.

Treat others with the same Care and Respect
As you would wish others to treat you.

Member of the Beagles £2 coin and small change savers clubs, both based in the Debt Forum.

Tags: hospital, loan, money, overdraft, worse

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Worse than a Loan Shark

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