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Payday Loans -Please read and agree!!!
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No, payday loans are iniquitous, pernicious and insidious and plain wrong and very much should be banned and suppressed, exactly like loan sharks which they are very similar to.
Yes. Banning loan sharking certainly stopped it from happening completely. Oh wait, no it didn't.There is no place for this vile evil in modern civilised society.
"Vile evil" is a strong phrase. As much as I dislike PDLs, I can think of many things much more deserving of that description.Many people are saying this.
"Many people" have said lots of things that turned out to be wrong.
Many people don't understand why .999...=1 but oddly enough, the maths doesn't change to reflect popular opinion.We're right. You're wrong. Listen and learn.
I'm listening. I'd love to learn but just repeating "it's wrong no really it is, so you better listen and learn" over and over is actually not very helpful. While I don't agree with you completely, I'm actually not that far away from your opinion, just somewhat concerned about the naive way you seem to express it.If you don't stand for something, you'll fall for anything0 -
I'm not really trying to win an argument.
I'm trying to give an example of how government regulation is essential, and how it could and should be applied to Payday loan companies. Your example of buying 5 bottles of vodka is a little flawed. If you were drunk, an outlet has a legal responsibility to not serve you. In the same way, if someone with 11 payday loans should really not find it that easy to get a 12th, but people do.
Absolutely agree. But part of the problem here is, yes that checks and credit ratings for PDLs are not all they could be (as you go on to say), but also that people lie to the credit company to get money rather than face their problems. I think I remember the person who had 12 PDLs and they were quite up front about how they juggled things around to get loans they really should not have got.
I think that people who aren't prepared to face the reality of their financial state will simply find a different Peter to rob in order to pay Paul, rather than wake up and say "oh, now that PDLs have gone, I can suddenly see what a financial fool I've been".If you don't stand for something, you'll fall for anything0 -
Its not that we don't care, its more just a general feeling of ambivalence.Nor do you care about stupid and desperate people's failure and damnation, that is also evident in your tone.
Explain Simon Cowell then.goodz wrote:There is no place for this vile evil in modern civilised society.
"Quick Maggie!, the red commies are back! To the bunker!"goodz wrote:Many people are saying this. We're right. You're wrong. Listen and learn.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
No, clearly you patently don't understand, as you here demonstrate again, abundantly clearly. Nor do you care about stupid and desperate people's failure and damnation, that is also evident in your tone.
No, payday loans are iniquitous, pernicious and insidious and plain wrong and very much should be banned and suppressed, exactly like loan sharks which they are very similar to. There is no place for this vile evil in modern civilised society.
Many people are saying this. We're right. You're wrong. Listen and learn.
Ok, you think i'm wrong, has anyone ever told you you're a patronising know it all who can't see anyone elses point of view ?
I have my opinions, you have yours, just accept it.0 -
No, clearly you patently don't understand, as you here demonstrate again, abundantly clearly. Nor do you care about stupid and desperate people's failure and damnation, that is also evident in your tone.
No, payday loans are iniquitous, pernicious and insidious and plain wrong and very much should be banned and suppressed, exactly like loan sharks which they are very similar to. There is no place for this vile evil in modern civilised society.
Many people are saying this. We're right. You're wrong. Listen and learn.
Couldn't be bothered reading the whole thread but this is a typical knee jerk reaction to a perceived wrong.
Martin Lewis has actually spoke a lot of sense on this topic and you probably should have read what he had to say before setting up a thread like this.
A capped total cost to the loan that Martin suggested would be far more sensible approach than your rallying call to ban them and give loan sharks more business back.
Better regulation is a far preferable approach to an outright ban.There's no sense crying over every mistake.
You just keep on trying till you run out of cake.0 -
Oh, well done, you managed to understand the concept, despite your need to beat yourself up about it. Ok, well, we should be grateful for small mercies and that at least your intellect has been sufficient for that even if you've then gone on to fail to appreciate the meaning and ramifications.Amba_Gambla wrote:So you think the government needs to intervene more in order to 'save us from ourselves' !??!?!
Unbelievable...
:doh: :wall: :shocked:
Keep trying, you might get there in the end. But watch out, it could be too little too late for you.
No, I'm beating myself up over the fact that there are still idiots like you in the world who want the government to interfere with our lives more, and hold our hands through every aspect of our lives.
My 'intellect' is such that I don't feel the need for my hand to be held, or my life to be decided in London.0 -
I feel I understand
Feelings are one thing but it's what you demonstrate that is being assessed.I simply choose to disagree with you.
But as you don't understand the subject you're not in a position to evaluate it.That may make my attitude poor in your opinion
Yes.thankfully I have the freedom not to share it.
This is a problem and is part of the problem.I suspect you're not a big believer in freedom though.
Not for the likes of you, no. I'd have you and your sort in the stocks every Saturday and Sunday, from sun up to sun down, if I was running the country.Sound argument.
You've converted me.
Good, well done, I knew you'd see sense.0 -
opinions4u wrote: »Many, many people said the earth is flat..
The earth is flat. It's obvious, just use your eyes.opinions4u wrote: »Many highly intelligent people subscribed to the theory of eugenics.
Eugenics principles are derived from the observed truth. If they had been applied properly for the benefit of all people instead of the current deployment only for the benefit of rich people we'd have a lot less criminals and antisocial elements making a lot of people's lives a misery and costing taxpayers a fortune.opinions4u wrote: »Opinions polls showed Nick Clegg was popular. Many people said it.
I agree with you, as far as I've noticed he's a miserable specimen.0 -
RobertoMoir wrote: »Yes. Banning loan sharking certainly stopped it from happening completely. Oh wait, no it didn't.
That's the problem, government, police and justice system fail to stop the menace and so it continues to this day.RobertoMoir wrote: »"Vile evil" is a strong phrase.
It is indeed, I don't mince my words, I serve them up medium rare. Well, actually there's lots of words that aren't acceptable here so that's quite tame compared to what can be said about this subject.RobertoMoir wrote: »As much as I dislike PDLs, I can think of many things much more deserving of that description.
Yes, there are far worse evils than loan sharking masquerading as pay day loans. For instance, war, starvation, people dying of curable diseases for the want of small amounts of cash. However, this thread is about the vile evil of payday loans, so those are some of the words I use.RobertoMoir wrote: »"Many people" have said lots of things that turned out to be wrong. Many people don't understand why .999...=1 but oddly enough, the maths doesn't change to reflect popular opinion.
Yes, but that doesn't add to our understanding of this problem.RobertoMoir wrote: »I'm listening. I'd love to learn
Good.RobertoMoir wrote: »but just repeating "it's wrong no really it is, so you better listen and learn" over and over is actually not very helpful.
It may not be "helpful" but it gets the point across. Look how many people's attention I have got here on this thread and how many of them have responded, you included.RobertoMoir wrote: »While I don't agree with you completely,
That's fine, you don't have to agree with me completely.RobertoMoir wrote: »I'm actually not that far away from your opinion.
Good, thank you. Immorality and suffering are issues that we should try to help solve.RobertoMoir wrote: »just somewhat concerned about the naive way you seem to express it.
I don't think it's naive, judging by the number of replies I've generated on this thread I'm expressing my points quite comprehensively.0
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