Payday Loans -Please read and agree!!!

meer53

Jeff_Bridges_hair wrote: »

I have a grasp of it alright - its you who doesnt. Please point out exactly where I am wrong?

It seems you pull apart others' posts but with mine you're all waffle and no topping. Quite clearly you're stuck up you're own !!!!

That was very restrained, how did you manage that ? Who the hell does Goodz think he/she is ?

CHR15

goodz grief, I'm out of this Troll fest.
No wonder the Country is in the state it is.

goodz - get help.

goodz

WelshPaul wrote: »

TBH i don't agree with the OP!

These companies are not ruining peoples lives were all doing a good job of that ourselves, we live in a "it's everyone else's fault but my own" world these days where people think it's their right to this that and the other.

Instead of pointing fingers at everyone else point it at yourself for being unable to control your spending, almost all of us live beyond our means and that is our fault nobody else's.

These pay day loans are there to help, they are clear from the start what how and when you pay if you abuse that then you have only yourselves to blame.

No, weak and stupid people need to be saved from their weakness and stupidity being used against them. That is what caring people do. Uncaring people sneer at weakness and stupidity, and blame victims for their own self destruction but that negative uncaring attitude is base behaviour and is unacceptable in modern supposedly civilised society.

Ghostrider

goodz wrote: »

It's pretty black and white that pay day loans are currently doing a lot of damage to a lot of people and need reining in, as many people are saying and have been saying for a long time. Read this forum and all the national newspapers if you don't already know this sad fact of Britain 2011. It's been publicised a lot, this isn't new, it's been going on for years. This website highlights it a lot, as you can see if you read a number of these boards, particularly this one and also see the debtfreewannabe board and various others for lots more horror stories.

Thats not entirely accurate is it, PDLs do not just come along and ruin people's lives of ther own accord do they? They advertise and offer a service, a service which if you actually removed those one-sided blinkers of yours, you'd see that many people do benefit from and use perfectly sensibly every day.

If somebody decides to abuse the services of a PDL then they will of course fall foul of the penalistic nature of the service, the horrendous charges that are incurred are there for a reason, and not just to make profit (but then you can't deny any company for wanting to make a profit - thats called business). The charges are high and so are the interest rates, but this enables them to offer the service to those that need it - it's called risk based pricing, perhaps you should go away and do your homework as you clearly don't understand that concept.

I don't deny that many people will abuse the services, but so what, they are human beings who made a conscious decision to do what they did if knowing that by entering into that contract they could never honour it. We don't ban gambling, why not? Many many more people have suffered at the hands of gambling establishments and found themselves in financial difficulty - I don't see anybody clamining they had no choice and we should stop supporting the money making casinos for ruining peoples lives.

I don't think banning PDLs is the way forward, education is the way forward and not trying to drive a "nanny state" type attitude into society that never teaches anybody the fundementals of consequence.

Peelerfart

"Bring me your weak and stupid people, and I will close down the evil PDL companies
and in their place I will put, loan sharks, prostitution and crime.

As your car is stolen and your home burgled they will come from far to praise me for I am - the caring one"

St goodz aka

2012

Apples2

Give it up goodz, you made yourself look stupid pages ago.

andy.m_2

goodz wrote: »

it is the duty of the state, regulatory bodies, police and justice system to minimise risk and danger as far as possible.

.
Ok, that's a pretty bold statement and is very "Orwellian" in approach, check out 1984 and if you want a more recent example check out the "Arab Uprisings" on Google.

goodz wrote: »

But so far the iniquity of pay day loans has not been addressed sufficiently by government.

THERE IS NO INIQUITY, will you please take a moment to re-read this fact, Payday loans are not forced on anybody, they are not compulsory, they are a voluntary act that you have to apply for.

What should be taught to a much greater extent is the value of ones signature and the consequences of using it willy-nilly. It is a legally binding device that can reap havoc on those who do no place any value on it.

goodz wrote: »

Yes but one of the roles of the state is to reduce harm, danger, risk, damage etc.

Reduce? Wait a minute, are you flirting with me now?
Up top you stated:

goodz wrote: »

it is the duty of the state, regulatory bodies, police and justice system to minimise risk and danger as far as possible.

.
Is it a duty or a role?
Perhaps you would be better off starting your own state, how about Waco? There is an opportunity there for you and people who are like minded to you.

goodz wrote: »

It's pretty black and white that pay day loans are currently doing a lot of damage to a lot of people and need reining in, as many people are saying and have been saying for a long time. Read this forum and all the national newspapers if you don't already know this sad fact of Britain 2011. It's been publicised a lot, this isn't new, it's been going on for years. This website highlights it a lot, as you can see if you read a number of these boards, particularly this one and also see the debtfreewannabe board and various others for lots more horror stories.

horror stories that centre about one undeniable fact, the stupidity of people who believe that they are more clever than the companies they borrow money from, or that they do not think for one second to ascertain the facts before signing up to borrow under the CLEARLY STATED TERMS AND CONDITIONS.
I think the best compramise solution I have seen was to have a 72hr delivery process, was it from Opinions4u? Good idea that, take away the impulse element.

goodz wrote: »

Here you demonstrate the kind of person that you are, your low intellect and your inability to make a sensible contribution to this thread.

Here I demonstrate that I am presently working within the primary care industry and specifically mental health care provision.
This is from the simplest level learning disabilities through to the highest from of secure and forensic. I have seen many things from odd and curious through to devious and disturbing.
Today a lady came in for treatment who had sewn here own eyelids closed and she was seeing the devil.
Yesterday a young lad was brought in by the Police because he had bitten out his own wrists.

I have also seen that people i this environment predominantly deal in absolutes, black and white, right or wrong, there is no inbetween and this is why I stated you may be wise to seek help.

not all mental health is "voices and suicide" you know, some of it is also superiority complex.

goodz wrote: »

You don't have much to offer to this discussion, do you, just your inanity and poor attitude.

Poor attitude....
HHhhhmmm, pots and kettles springs to mind.

I hope this helps, please feel free to retort but I will state for the record that I wholly reserve the right to ignore you or respond as I see fit. :beer:

Finalv

Im currently suffering from the misery of the payday loan trap...

I don't blame them, they are a business and we should all know what they are out for. I am totally to blame for my own circumstances and will not blame anyone else, in so I don't expect anyone else to dig me out of the hole. I will do this myself.

However I do believe Payday loan companies could do with regulation. The checks they do before allowing you to take out a loan are not stringent enough. When I first took out a payday loan I had no employment and no prospect of paying it back, it was borrow or starve.

Ghostrider

Finalv wrote: »

Im currently suffering from the misery of the payday loan trap...

I don't blame them, they are a business and we should all know what they are out for. I am totally to blame for my own circumstances and will not blame anyone else, in so I don't expect anyone else to dig me out of the hole. I will do this myself.

However I do believe Payday loan companies could do with regulation. The checks they do before allowing you to take out a loan are not stringent enough. When I first took out a payday loan I had no employment and no prospect of paying it back, it was borrow or starve.

Thats interesting, and if you dont mind me asking, given that you knew the you had no means to pay it back, is that really their fault for not doing enough checks...or your fault for acting fraudulently?

Finalv

Ghostrider wrote: »

Thats interesting, and if you dont mind me asking, given that you knew the you had no means to pay it back, is that really their fault for not doing enough checks...or your fault for acting fraudulently?

Completely my fault, I would never blame them. However I did not lie on the application form, it stated I was a student and my was from student loans. The amount of student loans I get at the time did not cover the cost of rent due to the amount my parents earn, of which they will not support me with.

I would never blame them for my situation, however allowing someone in my desperate circumstances to take out a loan can not be considered ethical.