Latest Sunny Loans TV Advert. (1 Viewer)

Jan 23, 2016
1,855
301,186
Wales
Funster No
41,434
MH
Adria Coral 660SP
Exp
25 years
Tame that 'bear' with some quick, emergency cash.

Which I can't find on the Internet but there is a 'still' shot from on their Homepage, features a MoHo.

https://sunny.co.uk/
 
Dec 4, 2014
1,372
4,148
Cheshire
Funster No
34,422
MH
Van Conversion
Exp
Been around the block a few timesšŸ˜‰
1219% APR ā˜¹ļø

Subscribers  do not see these advertisements

 
Apr 27, 2008
11,793
13,949
Eastbourne East Sussex
Funster No
2,327
MH
Hymer low profile
Exp
Since 1972
How can they justify that ridiculous rate of interest? I keep getting offers from the banks for loans at 3%, even my credit card is only 8% and they (and others) calmly advertise at over 1000% APR.
 

Lenny HB

LIFE MEMBER
Oct 18, 2007
52,685
147,598
On the coast in West Sussex
Funster No
658
MH
Hymer B678 DL
Exp
Since 2008 & many years tugging
Gee wizz what a good deal, loans capped at 0.8% a day, that's only 292% pa.

All these companies are aimed at people who can't borrow by any normal means who shouldn't be encouraged to take a loan. High risk so high interest rates because they know a very high percentage of the loans will be defaulted.

I would never borrow for a Motorhome if I can't afford it I don't buy it until I've saved up and can. Don't see the point on paying interest on a deprecating asset.
 

Lot lover

Free Member
May 13, 2016
1,291
1,617
Lot, France
Funster No
43,061
MH
Le Voyageur Integral
Exp
New boy
It it is a sign of the times. People have an attack of the wants, canā€™t wait until they can afford it so borrow.

This is not the fault of those offering a service.

Subscribers  do not see these advertisements

 
Aug 26, 2008
4,721
24,577
B&NES
Funster No
3,823
MH
Van Conversion
Exp
since 2007
Tame that 'bear' with some quick, emergency cash.

Which I can't find on the Internet but there is a 'still' shot from on their Homepage, features a MoHo.

https://sunny.co.uk/

Yes, I remember seeing that ad with the bear rocking the MH. One of the more recent ones from Sunny.

The UK seems to be one of the few places or maybe the only country where the regulators (and Judges) seem to think that 1000% or higher annual interest rates are not extortionate or unconscionable. For borrowers with bad credit histories.

If you are such a financial delinquent you are unlikely to get any finance offer for a MH except by fraud. Or, if you already own one, via a logbook loan.
 

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