Wonga.com

Ambiss

What is messed up is that a company is legally allowed to charge 4000% interest

Ronaldo_Mconaldo

Ambiss wrote: »

What is messed up is that a company is legally allowed to charge 4000% interest

Oh come on, if these companies didn't take these people's money then they would just waste on something else like cigarettes, booze and lottery tickets. It's a free country, nobody is forcing anybody to tske out a 4000% loan, although people seem to be falling over each other to do it.

WhiteChristmas

skintandscared wrote: »

Ended up making over £700 - enough for the passports and flights for the actual holiday!!

and yet...

skintandscared wrote: »

I'm 3 years into a DMP and still only a third way through

Paint me contrary, but your priorities are all out of kilter, skintandscared.

skintandscared_2

WhiteChristmas wrote: »

and yet...



Paint me contrary, but your priorities are all out of kilter, skintandscared.

Oh yes, absolutely. One week's holiday in 5 years at a mate's apartment (free) is disgraceful. I'm ashamed. Happy?

Apples2

It's only free if you are walking there.

You're blowing 700 on having a good time (plus spending money ) instead of repaying the people you owe money to.

skintandscared_2

I said the apartment was free. For £700 we got both passports, both flights and our spending money so it was hardly a luxury break.... We had a terrible year, NEEDED a break (our first in 5 years) and I made it my mission to "find" the money by selling things and literally bagging up coppers found in the flat.

LovelyLeeds

Ambiss wrote: »

What is messed up is that a company is legally allowed to charge 4000% interest

Pay day loans are not annual loans, they have to put the annual interest by law. They're a business like everything else, supply and demand.
It's a shame that once someone finds themselves facing a pay day loan that a compulsory alert to this fantastic message board doesn't kick in.