AyeDubbleYoo Posted December 17, 2012 Share Posted December 17, 2012 http://www.bbc.co.uk/news/technology-20754976 Holy shit. Link to post Share on other sites More sharing options...
Crumpy Gunt Posted December 17, 2012 Share Posted December 17, 2012 http://www.bbc.co.uk/news/technology-20754976 Holy shit. Apart from the set up fee QVC have done it for years. Except they screw you for p and p that in most cases is £4 or £5 OTT (and the premium rate phone number) You've easily spent £8 on top Link to post Share on other sites More sharing options...
Matt Posted December 17, 2012 Share Posted December 17, 2012 It's quite terrifying to think that for some people, the decision of 'how am I going to pay for this' comes AFTER the purchase. Link to post Share on other sites More sharing options...
Stifler Posted December 17, 2012 Share Posted December 17, 2012 That instant loan taken for example is pretty good, you are paying less than £7 more for that loan. I wonder if that is an actual rate they offer though, if it is then it's only 7% and nowhere near the rates they offer on their websites. Link to post Share on other sites More sharing options...
Matt Posted December 17, 2012 Share Posted December 17, 2012 That instant loan taken for example is pretty good, you are paying less than £7 more for that loan. I wonder if that is an actual rate they offer though, if it is then it's only 7% and nowhere near the rates they offer on their websites. It's not 7% though, because you are paying that over 3 monthly instalments. The effective annual rate would be (by my calculations, anyway) more like 55%. Link to post Share on other sites More sharing options...
Dokko Posted December 17, 2012 Share Posted December 17, 2012 That instant loan taken for example is pretty good, you are paying less than £7 more for that loan. I wonder if that is an actual rate they offer though, if it is then it's only 7% and nowhere near the rates they offer on their websites. It's not 7% though, because you are paying that over 3 monthly instalments. The effective annual rate would be (by my calculations, anyway) more like 55%. Doesn't say that at all though. Says £7 upfront then 3 x £33.33 payments equaling £107 for a 3 month loan for £100 of goods. Link to post Share on other sites More sharing options...
Decky Posted December 17, 2012 Share Posted December 17, 2012 That instant loan taken for example is pretty good, you are paying less than £7 more for that loan. I wonder if that is an actual rate they offer though, if it is then it's only 7% and nowhere near the rates they offer on their websites. It's not 7% though, because you are paying that over 3 monthly instalments. The effective annual rate would be (by my calculations, anyway) more like 55%. Doesn't say that at all though. Says £7 upfront then 3 x £33.33 payments equaling £107 for a 3 month loan for £100 of goods. If it is as straight forward as that then it isn't so bad. But there is probably something in there where for a £100 product you pay £7 up front and 3 monthly payments of £80. Link to post Share on other sites More sharing options...
sturla Posted December 17, 2012 Share Posted December 17, 2012 shouldn't this be on a non football related chat. Link to post Share on other sites More sharing options...
Matt Posted December 17, 2012 Share Posted December 17, 2012 Does anyone on here understand the concept of compound interest? I'm off to buy some Wonga shares. Link to post Share on other sites More sharing options...
Dave Posted December 17, 2012 Share Posted December 17, 2012 Whatever happened to just waiting until you have more money than the thing you want to buy? Link to post Share on other sites More sharing options...
BlueStar Posted December 17, 2012 Share Posted December 17, 2012 Whatever happened to just waiting until you have more money than the thing you want to buy? The stuff on that site doesn't really look like something you'd need urgenty (or things you couldn't get a more basic but functional version of cheaper), but I'm sure there are things people would be better off getting sooner. If you need a washing machine and every week until you get one you've got to pay for a laundrette or take time off from driving a taxi or whatever to do it by hand, or if you need a bed for a kid and they're wheezing from sleeping on the floor then you might look at it and think it's worth the interest in the long run. Link to post Share on other sites More sharing options...
Benwell Lad Posted December 17, 2012 Share Posted December 17, 2012 Whatever happened to just waiting until you have more money than the thing you want to buy? If you'd been in charge Dave, the global economic crisis may never have happened. Link to post Share on other sites More sharing options...
Guest neesy111 Posted December 17, 2012 Share Posted December 17, 2012 Whatever happened to just waiting until you have more money than the thing you want to buy? New Labour encouraged a credit binge on which credit card debt I think quadrupled between 1997-2007. Link to post Share on other sites More sharing options...
Kaizero Posted December 17, 2012 Share Posted December 17, 2012 Whatever happened to just waiting until you have more money than the thing you want to buy? I think it's a combination of people having less patience and getting loans/credit cards is way too easy. People just don't wait to buy when they can have it at once, even if they have no money. It's a sad state of affairs. Link to post Share on other sites More sharing options...
Disco Posted January 9, 2013 Share Posted January 9, 2013 Newcastle United FC @NUFCOfficial Match Highlights from the Sports Direct Arena #NUFC EDIT: since deleted, fucking mugs. Link to post Share on other sites More sharing options...
Wilson Posted January 9, 2013 Share Posted January 9, 2013 urgh.... forgot we were gona have wonga on our tops Link to post Share on other sites More sharing options...
Jack Flash Posted January 9, 2013 Share Posted January 9, 2013 Newcastle United FC @NUFCOfficial Match Highlights from the Sports Direct Arena #NUFC EDIT: since deleted, f***ing mugs. Highlights from the Bordeaux game Link to post Share on other sites More sharing options...
Guest JS Posted January 9, 2013 Share Posted January 9, 2013 So, is the stadium renamed for 4 years, or have they bought and assigned the rights now permanently? I'm guessing it's the former Link to post Share on other sites More sharing options...
Mistle17 Posted January 9, 2013 Share Posted January 9, 2013 urgh.... forgot we were gona have wonga on our tops I cant wait to see our training gear- Sports Direct and Wonga plastered over it. Link to post Share on other sites More sharing options...
Guest bimpy474 Posted January 9, 2013 Share Posted January 9, 2013 urgh.... forgot we were gona have wonga on our tops I cant wait to see our training gear- Sports Direct and Wonga plastered over it. What's the problem, Cheap clothes and you can get a loan for them. Lovely Link to post Share on other sites More sharing options...
BlueStar Posted March 6, 2013 Share Posted March 6, 2013 http://www.bbc.co.uk/news/business-21683739 Payday loan firms have been told to change their behaviour after the Office of Fair Trading (OFT) found evidence of "widespread irresponsible lending". The OFT is giving the biggest 50 firms 12 weeks to change their practices, or risk losing their licences. Could also face unlimited fines. Link to post Share on other sites More sharing options...
Ryan_Taylor Posted March 6, 2013 Share Posted March 6, 2013 Bail bail bail Link to post Share on other sites More sharing options...
Tiresias Posted March 6, 2013 Share Posted March 6, 2013 Getting a dodgy company as sponsor shockingly could backfire slow handclap to the club Link to post Share on other sites More sharing options...
BottledDog Posted March 6, 2013 Share Posted March 6, 2013 Getting a dodgy company as sponsor shockingly could backfire slow handclap to the club How? They give us money and due to their reputation actually pay money to rename the stadium sjp again. If they collapse (which I suspect is unlikely), then another sponsor comes in. How awful. Link to post Share on other sites More sharing options...
Tiresias Posted March 6, 2013 Share Posted March 6, 2013 Being sponsored by a company that is funded by widespread illegal practises is pretty embarassing tbh. Next up it'll be the local branch of the mafia. Link to post Share on other sites More sharing options...
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