PAYDAY quidco thread removed just now - HotUKDeals
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PAYDAY quidco thread removed just now

£0.00 @ Quidco
Was this because the interest was coming out at 80,000%? By my calc on an £80 loan this was £175 a day interest! Could be some losers who went for that or guess it could be the interest rate cal… Read More
csiman Avatar
banned8y, 11m agoPosted 8 years, 11 months ago
Was this because the interest was coming out at 80,000%?

By my calc on an £80 loan this was £175 a day interest!

Could be some losers who went for that or guess it could be the interest rate calculated was rubbish.
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csiman Avatar
banned8y, 11m agoPosted 8 years, 11 months ago
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#1
Mine came out at 80,000%
#2
I haven't got a clue what you're on about. But still I would say your figures are wrong :lol:
banned#3
Shengis;2328960
I haven't got a clue what you're on about. But still I would say your figures are wrong :lol:

A deal for PAYDAY got removed whereby people were getting £70 quidco for an £80 loan. The OP said the interest would be £20 over a month which means £50 profit if paid off then.

Then people went for the deal and quoted their interest rate at over 80,000%

On £80 this equals £175 per day interest :w00t:

No wonder the deal was removed :-D
#4
:lol:

Well it does say £20 on the website.
#5
The agreement I have states a single payment of £100 on the 30/06 for £80 today - the interest rate calculation is just a mistake! A hilarious mistake!
banned#6
[email protected];2329021
The agreement I have states a single payment of £100 on the 30/06 for £80 today - the interest rate calculation is just a mistake! A hilarious mistake!

I assume its meant to be 800% which makes more sense (£1.75 per day interest)
#7
Do I win....

http://www.shengis.net/eby1/payday.jpg

:lol:
[mod]#8
#9
Just filled my form in.
I just hope its not too good to be true!!

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