Pay day loans

[Barman]

So you think everything within the industry is just fine and dandy then I assume? 

No...

I think people that rely on pay day loans at vast interest rates won't change their habits if you choose to make them illegal...

You will just push them underground and into the hands of people that can't afford flashy TV adverts because their business is backed up with baseball bats or worse...

These are people that are either terminally stupid or that have (for whatever reason) such a bad credit rating that they cannot go elsewhere...

Unless you are suggesting that the hard-working bus driver tax payer provides a credit line to people that (obviously own a TV but) can't pay their bills then I would suggest that the already regulated system is the best way forward...

[Steve]

So you think everything within the industry is just fine and dandy then I assume? 

No Growler but a fool and his money are soon parted no matter what you or I try to do to stop it. 

Worse the more we make rules to cover this and that niche situation the more fools will believe everything is covered and they never have to take care leading to worserer and diverserer losses and even more calls for expensive legislation to fix another 0.1% of what goes wrong in life

(oh and wot BM just posted)

[Darwins Selection]

Why do people need loans anyway? 





***Quickly checks thread is not in The Commons***

[Miss Demeanour]

To claim a PPI rebate of course 

[Darwins Selection]

To claim a PPI rebate of course 

Obvious once you say it. 

[GROWLER]

So you think everything within the industry is just fine and dandy then I assume? 

Unless you are suggesting that the hard-working bus driver tax payer provides a credit line to people that (obviously own a TV but) can't pay their bills then I would suggest that the already regulated system is the best way forward...

Not really 100% sure what the relevance of that was tbqh.

[GROWLER]

Anyway. crazy this.
I only started this thread to rant about payday loan companies,their poxy adverts and disgustingly obscene apr's, not the whole other and massive issue of those that can't afford it type debate. 

[Barman]

Anyway. crazy this.
I only started this thread to rant about payday loan companies,their poxy adverts and disgustingly obscene apr's, not the whole other and massive issue of those that can't afford it type debate.