There are money lenders advertising help to people on the television with short term lones to see them through to their next payday if they are short of money for whatever reason. The money lenders are charging 5750% interest who thinks this is help and a reasonable interest rate
1 Answer
avoid these services especially on-line lenders. these are 'payday' loans and charge very high interest (if componded yearly) though they are only designed to 'float' you to your next payday. on-line services are especially dangerous as they ask for personal information including bank account information. though a few MAY be legit many may be fronts to steal your money from your bank account through the information you provided them.
13 years ago. Rating: 2 | |
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