Weekend Payday Loans

Dec 23, 2011 3 Replies

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In message , Robert Brad writes

Presumably that's the nominal annual rate. 1000% would be a very low APR for a term as short as a weekend and with no credit check.

Alternatively "fixed fees from 5 pounds" which is far less than your bank will charge you for going overdrawn for a few days.

Don't get me wrong, there's penalty wrong with Payday loan companies but annualising their fees is not the way to complain

tim

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