Missing some attention, or just pi55ed someone wants more than £10 a day from life.What are you on? 25k Downside and thats it? No! He'll still owe 25K at 25% APR if he loses it all.
The downside is potentially massive. He's not even told us the length of the loan, at 25% APR im guessing its 5+ years... a potential $30k+ owed on top of the original loan.
25k is 25k if he can't pay them it doesn't seem like his legs will get broken.
Not everyone is of the view that 25k is ''potentially massive''. On a tenner a day I guess it might never get paid back.
What's wrong not on track for another £118 month?