1 reviews | Active since Jul 2014

30 Dec 2019, 12:49

Charlatans

These charlatans harass me constantly with spam - I get constant mail, email and phone calls. I decided to see what they would "give" me as a loan as a pensioner and what interest rate they would charge. They phoned me and told me the interest rate was 27.5%!!!!! really???!!! Is this even legal? It is ******ionate - effectively ****************. Will never take a loan from them and I advise anyone to be extremely careful of accepting loans from these charlatans at these incredibly punitive interest rates. I wanted to purchase some hifi equipment and pay off the loan in 6 months but will use my home loan instead. Shocking company profiting from those most in need of these loans

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Replies (2)
DirectAxis
DirectAxis's reply30 Dec 2019, 13:28
Official
Hello, thank you for sharing your thoughts with us. The maximum interest rate with regards to a DirectAxis Personal Loan is 27.75% per annum (compounded monthly).  Your rate and initiation fee will be determined according to your personal risk profile. Team DirectAxis 
's update30 Dec 2019, 13:34
Reviewer Update
I have no debt whatsoever so my personal risk profile score is 787 - excellent - in the top 5% of people in this country. Your interest rates are an insult. Luckily I don't need your loan but you take advantage of people who do. You people are a disgrace and have no shame in *********** your customer. Shocking