Home > Banking Euro Crisis, It's all about money, Madness, Why it's all gone horribly wrong? > Lloyds expects lower income in 2012 – FT.com

Lloyds expects lower income in 2012 – FT.com


Lloyds expects lower income in 2012 – FT.com.

So here we have it. A state owned bank, predicting a gloomy economy ahead.

Interesting then that companies such as Easy Cash Loans http://www.easy-cash-loans.co.uk/

and QuickQuid http://www.quickquid.co.uk/

to name just a few, can charge APR’s of circa 1730%

Hang on, have I made a mistake, did that really say one thousand seven hundred percent?

Assuming there is some demand for these types of loans, which judging by the TV advertising, seems to be a fair assumption, why are our state owned banks not lending to smaller customers at reasonable rates. Furthermore, can you imagine the uproar if a bank tried to charge an APR of 1700%

Common sense, don’t leave home without it.

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