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Newest Review: ... to do but when your in a situation like that you do things like that! Anyway, when I went to speak someone in the bank about it (would just point out that I bank with Barclays anyway so that is why I took the loan out with them!). Instead of actual good advice, they literally pushed the loan in my face telling me it was the best way to solve my problems and that I should go ahead and do it. Feeling pressured and panicked I signed the form. Three years later I am still paying it off with a very very high interest rate!! Although at the end of the day I am the one who signed the paper and opted for the loan, the staff come across as being ... more

gemrichardson
Premium Review BarclayLoan: Don't Do It (194 words)
by gemrichardson - written on 21.02.08 (Useful, 51 readings)
Rating:

Please note : I have not released any figures in this review. I took out a Barclay loan a few years ago now when I was in desperate need of cash - very silly thing to do but when your in a situation like that you do things like that! Anyway, when I went to speak someone in the bank about it (would just point out that I bank with Barclays anyway so that is why I took the loan out with them!). Instead of actual good advice, they literally pushed the loan in my face telling me it was the best way to solve my problems and that I should go ahead and do it. Feeling pressured and panicked I signed the form. Three years later I am still paying it ...

owlypowly
Premium Review BarclayLoan - Don't Bother!! (244 words)
by owlypowly - written on 16.07.01 (Very useful, 1056 readings)
Rating:

As an established Barclaycard customer, I was regularly receiving invitations from Barclays for an instant loan - no questions asked. As I had quite a few debts here and there with other credit card and store card companies, I decided that taking out a loan would be a good idea - that way I could pay off my debts in a fixed repayment every month. I took a loan out for £4,000 which was enough to pay off my other store cards with a little to spare. I took out the loan for a five year period at £128 per month which meant a total of £7,680 was due to be repaid - not quite sure how that figure came from but it seemed awfully high at the time!! Anyway, 18 months ...

 
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