Payday Loans -Please read and agree!!!

Wutang_2

Kazza10 wrote: »

A great insight to behind the scenes and no surprises there.

Is that not bordering on an oxymoron??

mumtomany_2

goodz wrote: »

You don't know what you're talking about, you need to do some research and inform yourself of these matters before you'll be able to make a contribution here. Start with these boards, particularly this loan one, then look at the debtfreewannabe board and the bankruptcy board and then look at a few others. Have a go with the search function to find the relevant threads. Let us know how you get on. Good luck!

Just because i don't agree with you and i am new to the forum doesn't mean that i do not know what i am talking about! I deal with Bankruptcy, DROs and debt on a daily basis. I have seen the impact that PDLs have first hand on people and i don't always have sympathy for them!! If you want to make a valid point then explain why what i have said is wrong or why you do not agree rather than trying to belittle me!

goodz

Dabooka wrote: »

Goodz, you have an opinion on PDLs, which is fair enough, but your views on the customer base of these outfits is shocking and arrogant.

You have blurred the issue with your rhetoric and through your poorly constructed argument. Get off your soapbox and stop being such a muppet.

That is all

You've failed to make a contribution here. Look at how other people post and try to learn how to make a contribution to a thread.

goodz

Wutang wrote: »

....Or, copy some of the things Goodz says and say them in real life! Its great fun, everyone thinks you're on crack.

Whenever anyone says anything, cryptically tell them that they are iniquitibalised and insidious....and THEN, once said, re edit yourself.

No one knows whats going on!

Ah, so your friends have experience of people on crack, that's revealing of you.

Great, you should post your p takes of me on youtube, I'm already a star so every little bit from fans like you helps boost my rep. Keep up the good work!

Great word iniquitibalised, thanks, I'll start using that as well. PDLs are iniquitibalised. The iniquitibalisation of PDLs is outrageous, it shouldn't be allowed, there ought to be a law against it. The iniquitibality is simply monstrous.

goodz

mumtomany wrote: »

I have seen the impact that PDLs have first hand on people and i don't always have sympathy for them!!

Well, yes, I suppose if some of your people are grotty or nasty or selfish etc then perhaps they deserve what they bring on themselves, sure. Serves them right. It's their fault, it's their responsibility, they can't blame anyone but themselves. Yes, with nasty or deliberately reckless people and such like I suppose that it's reasonable to take this line. Silly sods, should know better. Maybe they'll learn something out of it, such as not to be a twit, not to over borrow or live beyond your means etc.

But what about the otherwise nice people who are deserving of sympathy. Or perhaps would you feel that there aren't any. Perhaps anyone who takes out pay day loans deserves what they do if they get themselves into a pickle.

Are there any people who should be saved from their own weakness and stupidity or can they all just be thrown to the lions to devour. Your post has now got me focussing on the rubbish people and what they deserve.

So out of that I'm also now questioning whether my previous notion that there are good people being carved up who ought to be saved is in fact the case. You tell me, you're evidently at the frontline on this, are they nearly all just rubbish people who deserve what they get. The you reap what you sow notion.

Or are some of them ok people who shouldn't have extra difficulty added to their already difficult lives for the sake of further lining millionaires' pockets.

iolanthe07

restructuring and reining in.

Say what you like about goodz, but s/he is one of the very few who post on here who can distinguish between 'reigning' and reining'.

goodz

opinions4u wrote: »

Don't feed it.

You're a funny one, aren't you, aren't you just! Ha ha ha!:j

goodz

iolanthe07 wrote: »

restructuring and reining in.

Say what you like about goodz, but s/he is one of the very few who post on here who can distinguish between 'reigning' and reining'.

Thank you, all donations gratefully received. You are a person of discernment to notice that and then make the effort to contribute a positive post here about it, thanks, good. More power to your elbow. And despite not finding anything of merit to say about what I've said about PDLs you've nevertheless managed to find something positive to say. That's really good, you've got a positive attitude and even if it takes a bit of thinking you'll find a saving grace to highlight. That's inspiring, excellent. If only everyone was like you how much better the world would be. Etc.

mumtomany_2

goodz wrote: »

Well, yes, I suppose if some of your people are grotty or nasty or selfish etc then perhaps they deserve everything they bring on themselves, sure. Serves them right. It's their fault, it's their responsibility, they can't blame anyone but themselves. Yes, with nasty or deliberately reckless people and such like I suppose that it's reasonable to take this line. Silly sods, should know better. Maybe they'll learn something out of it, such as not to be a twit, not to over borrow or live beyond your means etc.

But what about the otherwise nice people who are deserving of sympathy. They need saving from their own weakness and stupidity, it should not be used against them shamelessly by big business grossly exploiting them.

I really laugh at the way you descirbe people in general!!

Reckless people who borrow and can't pay = grotty or nasty or selfish

Nice people who borrow and can't pay = weak and stupid.

I've seen some very "nice" people who have intentionally borrowed from PDLs and they know they have other debts which they aren't paying and so obviously know they won't be able to pay them back.

And i've seen some very grotty people who through no fault of their own are no longer able to pay back what they borrowed and i do feel for those people. None the less it doesn't make them stupid or weak. Sometimes changes in circumstances dictate the ability to manage your debts!!

If you read my other post you will see that i think that PDLs need more regulation but not banning. If we ban them people will turn to other ways of obtaining the cash they feel they really need. Granted if it was not so easy to obtain the money then maybe not so many people would keep borrowing but the outcome for those who do could be much worse than just a defult on their history.

People are always going to make bad financial choices but we can't go banning routes of credit just because we feel they are exploting people. Should we ban banks who offer fee charging accounts because the majority of the customers do not understand what they are paying for or why? Is this not explotation in another form??

goodz

mumtomany wrote: »

I really laugh at the way you descirbe people in general!!

Reckless people who borrow and can't pay = grotty or nasty or selfish

Nice people who borrow and can't pay = weak and stupid.

I was simply expanding on you saying that you don't have sympathy for some of them. Perhaps you'd like to explain in what ways you don't have sympathy for some of them if my expansion and way of expressing it are risible or off the mark. But, anyway, it's good if my writing gives you a laugh.

mumtomany wrote: »

I've seen some very "nice" people who have intentionally borrowed from PDLs and they know they have other debts which they aren't paying and so obviously know they won't be able to pay them back.

And i've seen some very grotty people who through no fault of their own are no longer able to pay back what they borrowed and i do feel for those people. None the less it doesn't make them stupid or weak. Sometimes changes in circumstances dictate the ability to manage your debts!!

Ok, well thanks for making the effort to further define some of this.

There are also, however, as well as the "nice" and "grotty" people, also some people who are stupid and weak in this context, as is clear in a number of threads and posts on this site and other consumer sites.

mumtomany wrote: »

If you read my other post you will see that i think that PDLs need more regulation but not banning.

Good, yes, that's what I and quite a few other people think.

However more regulation to reduce the bad effects is therefore the same as banning the bad effects.

mumtomany wrote: »

If we ban them people will turn to other ways of obtaining the cash they feel they really need.

Yes, indeed. Hence the government also needs to stop loan sharking which despite the legislation and token effort here and there they still have failed to do. The government also needs to stop fraud and crime being so profitable and so easy to do and mostly with impunity. But unfortunately successive UK governments are always grossly negligent, incompetent and unfit for purpose, and so there are always lots of major problems afflicting lots of people everywhere.

mumtomany wrote: »

Granted if it was not so easy to obtain the money then maybe not so many people would keep borrowing

Yes, I agree and, as you can see, that's one of the obvious points that I've made on this thread. And, of course, which is also being said by a number of other people about this issue.

mumtomany wrote: »

but the outcome for those who do could be much worse than just a defult on their history.

People are always going to make bad financial choices but we can't go banning routes of credit just because we feel they are exploting people.

That's where we differ in opinion, I believe that it's the duty of the state to intervene to reduce gross exploitation of people by big business.

mumtomany wrote: »

Should we ban banks who offer fee charging accounts because the majority of the customers do not understand what they are paying for or why? Is this not explotation in another form??

Not ban banks but it would appear that they are often in need of greater regulation. Banks currently still get away with a lot of abuse and exploitation of customers, the legislation and the application of the legislation are inadequate, as is expressed in the large numbers of threads on this site and many other sites complaining about the ongoing routine and widespread bad behaviour by banks.