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Pay day loans should be banned !!!

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Comments

  • ciscokid
    ciscokid Posts: 200 Forumite
    jamesy1986 wrote: »
    I use to work in a job cold calling people to sell them stuff. .

    I stopped reading there. SCUM
  • ciscokid wrote: »
    I stopped reading there. SCUM
    I won't take that seriously, no one else seems to take you seriously.
  • ILW
    ILW Posts: 18,333 Forumite
    ciscokid wrote: »
    The scam was that with the banks tightening up their lending policy, they created the framework in which these companies can operate. I was brought up to believe that no matter what happens to you, you NEVER borrow from the provident. There is a bad social stigma against borrowing from the likes of the provident, these pay day loan companies just simply would never have worked 10 years ago. No one would have went for it. So the banks (who need more ways of making money) tighetn up the lending, fund a bunch of pay day loan companies, and make more than they couild ever dream of making through responsible mainstream lending.

    Borrowing money is a choice an individual makes for themselves. As long as the terms are available before taking the money, there is no scam.
  • ciscokid
    ciscokid Posts: 200 Forumite
    jamesy1986 wrote: »
    I won't take that seriously, no one else seems to take you seriously.

    It was very serious. There is low. There is very low. There is scraping the bottom of the barrel. And there are those in telesales.
  • ILW
    ILW Posts: 18,333 Forumite
    ciscokid wrote: »
    It was very serious. There is low. There is very low. There is scraping the bottom of the barrel. And there are those in telesales.

    They can be slightly irritating, but not that bad.

    I did some telesales in the evenings some time ago and used the money to clear some debts I had. (you could give it a try Cisco)
  • ciscokid
    ciscokid Posts: 200 Forumite
    ILW wrote: »
    They can be slightly irritating, but not that bad.

    I did some telesales in the evenings some time ago and used the money to clear some debts I had. (you could give it a try Cisco)

    I'd sooner mug a granny than work in telesales. I'd rather be honest about what I'm doing.
  • ILW
    ILW Posts: 18,333 Forumite
    ciscokid wrote: »
    I'd sooner mug a granny than work in telesales. I'd rather be honest about what I'm doing.

    Some may be dishonest, most are not.
  • ciscokid
    ciscokid Posts: 200 Forumite
    Whoooooooshh!!!! Over your head that one I think....
  • ILW
    ILW Posts: 18,333 Forumite
    ciscokid wrote: »
    Whoooooooshh!!!! Over your head that one I think....

    So you mug grannies for a living?
  • ciscokid wrote: »
    It was very serious. There is low. There is very low. There is scraping the bottom of the barrel. And there are those in telesales.
    And then there is unemployment :) but since you're the bastion of morality around here, I'll take your word for it.

    Maybe if you spent less time trying to take the !!!! and more time sorting out your life and from what I gather, gambling problems, you'd not need to be posting here making a tit of yourself, right?
This discussion has been closed.
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