Thursday 29 April 2010

In the money

An inspiring piece of literature through the door this morning.

Nothing to do with the election, just a generous offer of a loan, if I have difficulty getting one from the bank!

Provident Personal Credit are prepared to deliver a wad of cash money to my door! And the loan is a breeze to pay back because a friendly local agent will call every week to collect the repayments!

I can get the money I need! There’s nothing stopping me!

And the rate is so attractive that it’s not even in small print. It’s in quite large print, on the front of the flyer: 272.2% APR....

How cheering that such a helpful organisation should exist, ready to assist the poor and the desperate at every opportunity. Makes you feel so much better about human nature.

3 comments:

  1. I am shocked , do loan sharks still exist and advertise in public?

    Still, I expect an incoming Tory government will immediately raise VAT thus raising interest rates . We have seen all of that before , haven't we? The very poor will have to rely on loan sharks even more so. As was in the eighties and nineties!

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  2. Hi True,

    The answer to the question you pose seems to be: apparently so...

    It seems the poor always have to pay more for anything than anyone else. Once you are really in the mire, it must become harder and harder to get out of it.

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  3. does it mention the bolt cutters they'll be carrying in case of default?

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