http://www.logbookloans.co.uk/

This isn't a take.. 300% APR!!! My god..

I bet if you challenged that in court they would loose and you'll need a company baseball bat to get the money back!

APR's are and can be so misleading if you add in an upfront FEE to the loan & the period is shorter than normal. ie. someone borrows £300 over 3 months - but you have set up costs and other ascotiated fees that would apply even if they were to borrow £3000 .... add in the fees to the lowly sum and bingo... the APR goes wild  
" WITH MORE EXTRAS THAN A HOLLYWOOD EPIC "

Is this even legal??? Range Rover Vogue ‘17 TDV6

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me!!!!!!!!!!!!

MDP wrote:

APR's are and can be so misleading if you add in an upfront FEE to the loan & the period is shorter than normal. ie. someone borrows £300 over 3 months - but you have set up costs and other ascotiated fees that would apply even if they were to borrow £3000 .... add in the fees to the lowly sum and bingo... the APR goes wild

I suspect this isn't aimed at short term borrowing, more like some poor soul who needs debt counselling not more borrowing  Porsche Cayenne S Diesel 66 Plate

This should be Illegal - It preys on the people who can least afford finance in the first place - Guess it wont be long before we see a certain Ms Vorderman doing their TV adverts!!  2013 Discovery HSE Luxury - 3.0 SDV6 - Santorini Black
2013 Evoque 5 Door Pure Tech SD4 - Orkney Grey with Panoramic Roof (Mrs E's new baby)

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GONE - RRS - 2.7 TDV6 HSE - Java Black (2007)
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