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| Guest | Oct 22 2006, 09:04 PM |
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This story appeared in the Penman & Sommerlad Investigate column in the Daily Mirror on October 19: MOVING on to night shifts meant that John Yates needed a loan for a car. He applied to Yes Loans Ltd, based in Cwmbran, Gwent, who said he could borrow the money at 20 per cent interest. "That sounded fine, so I paid their £44 fee," says John, of Feltham, Middlesex. "Then they wrote and told me to apply to two other companies that were offering loans with 49 and 59 per cent interest. "I asked for my money back but was told I should have read the small print. "I'm an ordinary working person and feel they've just taken this money from me for doing nothing useful." So we asked Yes Loans what was going on and John was offered a refund "as a gesture of goodwill" |
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4:44 AM Nov 26