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| Speed of Application | 7/10   |
|---|---|
| Customer Service | 5.7/10 |
| Value for Money | 3.5/10 |
| Reviewer Rating | 4.6/10 |
| Overall Rating | 5.2/10 |
By evoneb on 15th Jul 2008
| Loan Rate | Poor |
|---|---|
| Speed of Application | 2/10 |
| Customer Service | 4/10 |
| Value for money | 0/10 |
| Overall value | 0/10 |
 evoneb's recommendation | |
None
High APR
I recieved a call from Everyday Loans and was looking for £3000 loan they said they would not be able to give me a loan but they could give me this money to consolidate my debts! But I did not mention that! Then they said they had brought up my credit profile and said you are better of doing this it would be £216 a month x 36 months which comes to a whopping £7776 they said they would review my repayments within 6 months. If someone has bad credit why lend them £3000 to make them end up paying over £7000? Their argument was that no lender would give me a loan I said why would you then they said of course they would have to review my finances, bank statements etc...I said I would call them back of course I won't! My advice is though you feel there are no options it is better of using the coppers you have and paying companies rather than taking a quick fix and end up worse off having a debt of £7000!...do you REALLY think you credit will improve?
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