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What's the highest APR you've ever seen advertised?

PostPosted: Tue Dec 29, 2009 11:36 pm
by colm_mcm
I think I may have a winner here:

Typical 2356% APR.

That's right, 2 thousand 3 hundred and 56 percent!
http://www.quickquid.co.uk/
Saw an ad for them on one of the Sky channels, thought I was seeing things.

Re: What's the highest APR you've ever seen advertised?

PostPosted: Wed Dec 30, 2009 12:35 am
by TopCat
That's weird, that same ad caught my attention today, thought I was misreading it!

Re: What's the highest APR you've ever seen advertised?

PostPosted: Wed Dec 30, 2009 1:33 am
by Dragonheart
That has to be an error surely?!

Re: What's the highest APR you've ever seen advertised?

PostPosted: Wed Dec 30, 2009 2:23 am
by Bernard
I spotted that one myself, surprised it's legal :shock:
Shylock anyone?

Re: What's the highest APR you've ever seen advertised?

PostPosted: Wed Dec 30, 2009 9:58 am
by Muad_dib77
aye had seen that before..thought I misread, then it was on again on either dave or discovery last night...it's even written in extra large letters..

I'm genuinely surprised there's a place for a company like that...legalized loansharks..

Re: What's the highest APR you've ever seen advertised?

PostPosted: Thu Feb 17, 2011 11:02 pm
by colm_mcm
We have a new winner!

4,184% APR

Quick quid.

Re: What's the highest APR you've ever seen advertised?

PostPosted: Fri Feb 18, 2011 12:19 am
by StewyD32
As they also say in their ad "it's not a long term financial solution". Understatement of the year or what. :lol:
I think watch dog over in the uk some years ago did an investigation in a company charging these outragous amounts. They were going to council estates and disadvantaged areas dropping off differenct catalogues then a few hours later dropping in their fliers for thier loans. And people were buying into these scams.

Obviously they declined to comment and that was the end of that!