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Looking for some info on Littlewood debt please

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  • 06-01-2016 7:01pm
    #1
    Calahonda52
    Registered Users Posts: 12,468 ✭✭✭✭


    Doing some debt restructuring for a couple and one item on the schedule of disclosed arrears is 300 euro to Littlewoods.
    They tell me it has no fixed repayment term, pay whatever they want each month.
    They have no paperwork so just wonder where is the catch and if I should shove it down the list of payment priorities.
    Much obliged.

    “I can’t pay my staff or mortgage with instagram likes”.



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    #2
    ytpe2r5bxkn0c1
    Closed Accounts Posts: 32,688 ✭✭✭✭ytpe2r5bxkn0c1


    Have a look at their interest rates. They are massive. Their website has all details.


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    #3
    L1011
    Registered Users Posts: 69,036 ✭✭✭✭L1011


    Unless the debt is frozen at 300 by them with no further interest accruing; I would consider it as a very high if not the highest priority for unsecured debt due to the huge interest rates.


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    #4
    Calahonda52
    Registered Users Posts: 12,468 ✭✭✭✭Calahonda52


    Thanks guys:
    http://www.littlewoodsireland.ie/spread-the-cost
    39.8% APR :eek:

    Case closed
    Thanks again

    “I can’t pay my staff or mortgage with instagram likes”.



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