they told me they could give me a 100% garanteed loan within 5 days. i have paid an admin fee and sent my details back. Have you heard of this company and do they pay out. The Credit People?
2007-02-14 19:47:11 · 4 answers · asked by english_latina 1 in Business & Finance ➔ Personal Finance
Trust me, 100% Guaranteed means 100% interest and an admin fee to get it all started too, that can range from 25 - 250 quid!....if your thinking about it, DONT DO IT!!
2007-02-14 23:29:24 · answer #1 · answered by Anthony W 2 · 0⤊ 0⤋
My partner got sucked into a company like that. He sent off £49.50 and sure enough got an application back guaranteeing a loan - only trouble was he had to have a guarantor which had to be someone related to him who had perfect credit.
So in a way they do guarantee you credit but only if you can put someone on the application who will guarantor for you and send in all the appropriate docs so they can do a credit check on them.
Sorry if this isn't what you wanted to hear (maybe this company is different)!
2007-02-15 07:49:16 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It's a bit late to start checking them out now, isn't it ?
"100% Guaranteed Loan" should have rang a few alarm bells ...
... and when they started asking you for money, now there's another alarm bell ...
Still, you may be lucky & the Interest rate might even be a bit less than 60% a year ...
2007-02-15 06:20:27 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋
nelson: ha ha
2007-02-15 03:55:28 · answer #4 · answered by Anonymous · 1⤊ 0⤋