From: "Tim" 
Newsgroups: uk.finance
Subject: Re: Leaflet through the letterbox - 739.9% APR
Date: Tue, 25 Apr 2006 17:06:29 +0100

> >> someone pushed an A5 leaflet through my letterbox
> >> which is printed front and back with photographs of
> >> low to medium value electrical goods for offer with
> >> no credit check, weekly collection typical APR 739.9%
> >>
> >> it's certainly immoral but is that level of interest legal ?
> >
> "Badass Scotsman" wrote:
> >That's insane.
> >
"Tiddy Ogg" wrote
> If you are on extremely low income, and someone
> lets you have a 20 quid gizmo for a pound a week
> for 25 weeks, it's probably the only way you'll get it.

I make that only(!) 153% APR.

To be 739.9% APR, you'd need to
continue paying the "pound-a-week" for
about another 19 weeks (44 weeks in total) ...