yes loans read carefully as you will get stung (Yes Car Credit)

Member Name: kwaka750

Product:	Yes Car Credit
Date:	23/12/05 (2273 review reads)
Rating:

Advantages: none

Disadvantages: con

PLEASE READ BELOW AND THEN MAKE UP YOUR OWN MIND AS TO IF THIS IS A CON OR NOT? TO ME THEY ARE LOAN SHARKS PRAYING ON PEOPLE WITH MONEY PROBLEMS....

MY EMAIL TO YES LOANS:
my ref: ******

loan quoted: £6,000 over 36 months @ 14%. £205.06 per month, total repayment £7,382.36

this is the quote you gave me, you passed it and asked for £49.50 payment which i sent and you sent me a letter stating this.
then you send me a letter today saying to call wel**** finance and complete the loan on the telephone.
i did and they quoted me a £3,000 loan over 2 years, £189 per month, total repayment £9,000
or £3,000 over 3 years, £219 per month, total repayments £15,000

this seems to be one big con THEY TAKE YOUR MONEY FOR DOING NOTHING.

YES LOANS REPLY:

Dear *************

Thank you for your recent email. I am sorry to hear that you feel you have been mislead, however, as our terms and conditions clearly state, you have been accepted you as a client of Yes Loans, not guaranteed a loan. If you refer to your clients copy of our terms and conditions you will see that Yes Loans works with a panel of lenders in attempting to secure the requested finance, and that no loan is guaranteed.

However, we may still have many options available to help you, in order to discuss these options in detail please contact our Customer Care Department on 0871 282 4444 to speak with a member of our team who will also be able to discuss any other issues of concern.
Kind regards,
Yes Loans
Customer Care

Summary: QUOTE A £6,000, 3 YEARS, TOTAL £7,382.36 THEN OFFER £3,000, 3 YEARS, TOTAL £15,000 RIP OFF