MK5 Golf GTI

General => Random Chat => Topic started by: mattyw on September 30, 2014, 06:00:21 pm

Title: Wellesley & co Ltd anyone invested in them ?
Post by: mattyw on September 30, 2014, 06:00:21 pm
Hi all just wondered if anyone has used the above company ? I've seen them advertising on the tv & web. There savings bonds give between 6 & 7.5% and pay out six monthly which is far greater than the banks rates. Now I have done a bit of research but not something I'm too well educated on so any help would be great
Title: Re: Wellesley & co Ltd anyone invested in them ?
Post by: bacillus on September 30, 2014, 10:19:41 pm
Be aware that your money isn't guaranteed safe. They lend to business and in the unlikely event of  things go sour and firms fold then you can potentially lose your money.
Title: Re: Wellesley & co Ltd anyone invested in them ?
Post by: mattyw on September 30, 2014, 10:50:32 pm
From what I've read they only lend money against property that can be sold if they default on payment