'Responsible lending...'

[Padraig! 103]

www.quickquid.co.uk

This is a website that let's you borrow money, and receive it on the same day.

Sound good?

Let's have a look at the small print.

Typical 2356% apr.

That means if you borrow just £150, let's say to pay for christmas presents, while you save up for that holiday, how much would you have to pay back? £3534!

Sure, that's responsible.

Discuss companies that take advantage of our economic crisis.

[Grandmaster Phoenix 26]

Lol. That's actually a pretty funny find.

[Skippy 82]

Welcome to the loan shark, this isn't a new phenomenon, it's just becoming more prevalent.

[pheonix561 2080]

thats smart actually. some guys probably at his computer who made this, and is like "oh man if I can just get ten people to fall for this..."

[Padraig! 103]

No, it's really popular

It's even on tv.

in fact, it's frequently on tv.

:/

[pheonix561 2080]

really? wow!

[Padraig! 103]

You would be surprised how dumb the British people who watch TV at 1 PM are. These are the unemployed retards of the UK.

[Max 10]

Poor unemployed retards of the UK.

[ZuZu 10]

If the company can afford TV adds, he must be doing good with it.

Whats wrong with preying on peoples stupidity? its their own fault.

[Chase 390]

Besides paying for a life-saving surgery or to pay back the mafia, I can't think of any good reason to borrow money from this website.

[Duke Abercrombie 0]

How much money does this company even have? What if (assume) thousands of people or one person wants to borrow, let's say, $700,000 ~ $3.5million? The company can loan this much money?

[ZuZu 10]

it is most likely an independant, and im sure there is a cash limit somewhere over a couple of thousand dollars - to protect the lenders interests

and even then, why not take out a loan? assuming the person is paying you back with increased interest, you'd still be making profit with your high interest rates over the banks.

[Jareddude 62]

Wow, thats sad.

My parents make enough money to support me and my needs, thank you. *Walks away from board*