I get that they may have a high amount that default. But they are often given out to long term unemployed who have a buisness plan that has been check ed and been seen to be viable and a way to take them off benefits. Can only be for a small amount like a grand and such a high interest rate in comparison to the base rate makes them less likley to be successful.
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AIBU?
government backed start up loans should be less than 6% interest
8 replies
madhurjazz · 16/08/2016 16:50
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