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Mac20

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  1. Hi I have made a stupid mistake also by taking out a small £500 loan. I was desperate to pay my rent. I have so far paid back £700 and got behind for two months. Without realizing I had signed a 18 month contract of £100 a month. I cannot understand how they can be taking £100 a month for a £500 loan for 18 months?? This is so unfair and extortionate. I will have paid £1,800 Is this not day light robbery I was hoping I could have made a settlement within the 14 days, but alas did not have the funds. Can anyone give me any advice. They are hounding me and threatening to collect my car So not right I have already paid the loan of £500 plus Many thanks.
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