Bright House at 29.9% APR - tell me no-one is actually ^doing^ this?

[CappuScreamO]

I can't believe how this is being targeted at mums

who will end up paying god knows how much for their washer/ sofa/ tv?

oh please no no no no

"I can pay weekly so my finances don't get into a mess"

oh really

A single mum of 3 I work with got her washing machine from them. She has a terrible credit history and so had no choice. She is on minimum wage too

It's despicable isn't it? Did I imagine it or was Carol Vorderman in their advertising campaign? I don't know how they sleep at night really.

yes, I have afamily member who did it- unfortuantly it targets those who cannot get credit elsewhere.

It really is for the desperate who then spiral deeper and deeper into debt

We were looking at this very briefly for a Nintendo Wii. It worked out we'd have paid almost 3 times the normal price for it by the time the payments were up. So thanks, but no thanks!

my mum would make me save up

a colleague of mine just couldn't understand that if you paid interest on your credit card, it meant things cost more

and she was perfectly intelligent

There is a saying - It costs more to be poor

It's very true.

THREE TIMES?

oh good grief

i used to work for a Very Well Known credi card company

tis sad

They target the poor/minimum wage/poor credit history folk.

Shops are always situated in 'poorer' areas.

Polly Toynbee writes about places like this in her book 'Hard Work'. I recommend it!

Total payable - 52 weeks at £9.99 (including optional service cover) £519.48

iklboo what's that for?

its shocking how they can get away with it.

my friend could only get a new car through yes car credit, i more or less begged her not to but she went ahead and done it, now 4 years on she is still paying of a 8 year old car at £160 a month.

I got offered a credit card at 177% APR. Strangely, I didn't take them up on the offer! I'd rather starve.

I have a friend who sold their car when they finally realised how much it was going to cost to pay the loan off

again, a perfectly clever woman

177%???

god I had read that as 17.7 to start with and that is bad enough