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While watching Sky TV (UK) yesterday I saw an advert offering
(don't recall the exact wording but it was virtually the same as
"Short term loans online from £1 with no fax required.
Instant approval, 24 hour self-service account access and 15 minute
cash payout guaranteed. quick loans"
Written in the small print was the APR rate. Yes, a whopping
This level of repayment is damn right ludicrous and the term
'Loan Shark' doesn't come close. God help those stupid enough to
take out loans with these people.
wonga.com I rated this way on Ethical
Do be aware that this area is a prime source for phishers due to
the information you will need to divulge in order to be a
considered for a loan. Not only can you be faced with extortionalte
APR rates from sharks but you can just as easily be a victim to a
phish where they use your information for ID Fraud.