Monday 14 January 2013

There's nothing wronger that a Wonga loan!


Fact: 

Borrowing £100 at Wonga’s APR costs more than the US national debt (over $14 trillion) after 7 years!


If you are considering a Payday Lender this is to let you know that there is a better way, a much better way.

Credit unions offer payday loans alternative

Don't be tempted by a payday loan – check out the deals where you pay just £8 interest on £400, rather than the £125 demanded by Wonga
South Warwickshire Credit Union
South Warwickshire Credit Union offers loans from £100-£7500 at rates from 12.7%
We Currently offer 3 types of loan.
Members Term Loan . Available to members of three months standing for sums of up to £7500.
Regular Saver Loans. Available to members who save through one of our payroll deduction schemes. For sums up to £1000.
Orbit Handyloan.  For Tenants of Orbit in sums of £100 – £300 at an APR of 26.8%

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