Clickfinance enticement, hook and the bait.
Clickfinance entice you with a way of checking your credit without it appearing on your creditcheck database. A soft check. You are then offered a choice of lenders that will almost guarantee you a loan (the hook) but not at the favourable Apr shown on the page example 6.9%. Your loan will be approved in principal with a loan company whose Apr is 49.9% or more.!! Do not take the bait. Your details are already filled in and only require a couple of questions to be answered before you are lumbered with a loan you have no hope in hell of paying. Contact them immediately (in my case Amigo loans) and stop your application. I think this is a little less than honest way of working. The loan is there for you and you may be tempted in desperation, convincing yourself that you will be able to pay it. STOP..Don't do it. The only reason it has gone this far is because you were led to believe that a loan based on the 6.9$ Apr is available to you. You have done your homework... Don't take anything with a higher Apr than the one you were expecting. They may say that everything is transparent but it isn't to everyone. When you are desperate you do not see this transparency and you are taken along on a wave of hope that you may be able to get that loan you need. If the search for loans is preceded by a list of possible Lenders but only one or two of them have low Apr and the rest are high, don't go any further. Unsubscribe to their emails and tell them you do not want to proceed, Don't get into further debt that will drag you down beyond your limits.
