Comments on: Debt companies warned over misleading adverts

By: Money Man

Money Man — Thu, 07 Feb 2008 10:19:22 +0000

thanks for the info!

Some of these debt ads that are being aired today do seem too good to be true!

By: iva uk

iva uk — Wed, 16 Jan 2008 11:10:33 +0000

Disgusted that companies think they can get away with very misleading adverts as you mentioned in your article.

By: Sam H

Sam H — Thu, 22 Nov 2007 01:31:32 +0000

I think i know what ads are mentioned here - they are very slimy adverts.

To illustrate just how bad they are, i remember the costs being shown on one (probably as a result of ASA action), and to borrow £25,000 costs roughly £43,000. The combination of low monthly repayments and with intest rates as high as 12% APR this basically makes one of these loands a miniture morgage.

Steer well clear.