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Simple Money ??

  • 23-08-2017 8:26pm
    #1
    Moll31
    Registered Users, Registered Users 2 Posts: 2 ✭


    Has anyone ever heard of this company ?? I was googling about loan consolidation and they came up. I applied to see and got approved . I wasn't sure I would as have bad credit due to past unemployment. They asked no questions. Application was literally contact details and DOB. They have a Facebook page and website which looks new so am very wary as I've heard of scams. Any feedback welcome.


Comments

  • #2
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 85,523 ✭✭✭✭Atlantic Dawn
    GDY151


    What is the rate for the loan?


  • #3
    uck51js9zml2yt
    Closed Accounts Posts: 18,268 ✭✭✭✭uck51js9zml2yt


    Payday lender, based in Switzerland. Interest is roughly 25%.
    They are no different to your local unfriendly loan shark.
    Best advice is to avoid them.


  • #4
    ytpe2r5bxkn0c1
    Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    Swiss based and unregulated here or the UK. Why pay 25%? Contact a credit union.
    There are grammatical errors on the website - never a good sign.

    They are money lenders. Avoid.


  • #5
    dudara
    Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    Moved to the banking forum

    dudara


  • #6
    coylemj
    Registered Users, Registered Users 2 Posts: 25,702 ✭✭✭✭coylemj


    If they approved you so quickly it was probably a tactic to stop you shopping around, they will most definitely be seeking more info. and they may still reject you. But based on the data supplied by other posters I wouldn't do business with them.


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  • #7
    Tocfaidh
    Registered Users, Registered Users 2 Posts: 4 ✭Tocfaidh


    Hi there. I have also been approved from simple money and would love to go ahead with there offer. I was just wondering how did you get on with them. Or has any one out there get a loan off them yet?


  • #8
    puppylady
    Registered Users, Registered Users 2 Posts: 4 ✭puppylady


    Hi, I'm just wondering if you went ahead with this loan from Simple Money, I also have been approved and it is the answer to my prayers but is it real?


  • #9
    Moll31
    Registered Users, Registered Users 2 Posts: 2 ✭Moll31


    puppylady wrote: »
    Hi, I'm just wondering if you went ahead with this loan from Simple Money, I also have been approved and it is the answer to my prayers but is it real?[/quote


    Hi puppylady,

    I decided not to go ahead. I've heard of people paying fee upfront and then not getting the loan and other horror stories .
    Gut feeling told me it was too good to be true , not worth the risk !


This discussion has been closed.
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