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  1. #1
    Join Date
    Feb 2009
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    Co Antrim/ Qatar
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    1,072

    Default GAC giving APR of 19.9% !!

    Just got an e mail from GAC giving a offer of a loan at 19.9% What a bunch of vultures.....

  2. #2
    Join Date
    Apr 2009
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    sale
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    1,738

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    Quote Originally Posted by skyhook View Post
    Just got an e mail from GAC giving a offer of a loan at 19.9% What a bunch of vultures.....
    Very easy don't take it
    Think shell make 188 profit a second you still put fuel in
    It's called business
    It's better than wonga at 3000 % so for some one it's a bargain

  3. #3
    Join Date
    Oct 2013
    Location
    west london
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    627

    Default

    yeah ,but they are meant to be a fishing tackle shop ,not a bunch of robbing money lenders praying on the poor

  4. #4
    Join Date
    Feb 2009
    Location
    Culrain. Sutherland
    Posts
    2,637

    Default

    I've always had a very low opinion of this outfit (not without good reason) but this is the icing on the cake

  5. #5

    Default

    Just out of interest , what's the current average credit card APR sitting at just now ?

    Havn't used one for years , so I have absolutely no idea.
    Remember Thomas Muir of Huntershill

  6. #6

    Default

    I have never had any problems with GAC either in store or online found them easy to communicate with in both cases
    The loan I would strongly imagine is simply another larger firm using GAC as an agent to vend through in order to reach a new/different target audience, and in turn GAC would I presume get a %.

    Nothing new in this plenty of other much larger chain shops offer loans of a similar nature/APR under written by another business.

    If you don't need it don't take/use it.

    Its just a business trying to stay in business by offering something that gives there target audience capital to spend in there own store.imho

  7. #7
    Join Date
    Feb 2009
    Location
    Co Antrim/ Qatar
    Posts
    1,072

    Default

    Quote Originally Posted by worktofish View Post
    Very easy don't take it
    Think shell make 188 profit a second you still put fuel in
    It's called business
    It's better than wonga at 3000 % so for some one it's a bargain
    I don't blame the oil companies as much as i do the government for fuel prices most of it is Tax !! And they would tax air, water or what ever they could to raise revenue.

    If I don't have the money for it I don't buy it simple, I hope people are not foolish enough to except 19.9 % APR it's robbery....

  8. #8
    Join Date
    Mar 2009
    Location
    Aberdeenshire
    Posts
    955

    Default

    Quote Originally Posted by ibm59 View Post
    Just out of interest , what's the current average credit card APR sitting at just now ?

    Havn't used one for years , so I have absolutely no idea.
    Think you will find Brian, that GAC. are pretty much on the average at 19.9%
    Bill Cook

  9. #9
    Join Date
    Sep 2008
    Location
    On Ilkla Moor Baht 'at
    Posts
    8,805

    Default

    Quote Originally Posted by steve harrison View Post
    yeah ,but they are meant to be a fishing tackle shop ,not a bunch of robbing money lenders praying on the poor
    Do they sell Shark fishing gear??
    "The only thing necessary for the triumph of evil is for good men to do nothing." -Edmund Burke

  10. #10
    Join Date
    Apr 2009
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    sale
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    Quote Originally Posted by ibm59 View Post
    Just out of interest , what's the current average credit card APR sitting at just now ?

    Havn't used one for years , so I have absolutely no idea.
    Most cards are 28-29%
    Most high streets banks are 7-9% if they will lend to you

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