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Pay Day Loans On A Sunday

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Comments

  • Apples2
    Apples2 Posts: 6,442 Forumite
    edited 18 January 2012 at 11:00AM
    this has to be the worlds worse gambler dude who keeps re-registering after losing everything each weekend.
  • DCFC79
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Peelerfart wrote: »
    Anyone remember the guy who asked for loans only on Saturdays?

    yes i think so, was that the guy who wanted a loan to pay back his friend or something like that
    I still have a fondness for the guy who had been in his first job from uni for about 6 months, was feeling a bit stressed, so wanted a loan to go on holiday for a year.

    Good start to a 40-50 year working life....

    dont think i read that thread but it doesn't surprise me someone wanted a loan for a holiday.
  • The replies below are probably the best advice you can get - don't take out further loans to pay off existing ones. You are just being exploited by these people. I speak as someone who has worked inside the industry.

    As I have previously posted on this forum, when you apply for a payday loan your application may go through a broker without you being aware of it. Payday loan brokers try to get the loan from the lender that pays them the highest commission - they are not interested in getting the best deal for you in terms of APR, or repayment terms for example. Lenders can pay up to £40 commission to the broker for each loan secured. Remember, that £40 comes out of your pocket - you are paying for the privilege of getting the best deal for the broker and possibly the worst deal for yourself. Brokers tend to be a bit secretive about the order in which they send applications to the lenders. In many cases I don't think the lenders realise how far down the "food chain" they are. But, as one of the commercial managers once told me: "There is little transparency or honesty in this industry". Brokers may also damage your credit rating by sending inaccurate personal details to lenders, most of whom will perform a credit check on you.
    The industry is currently enjoying an orgy of unregulated greed. Having worked for one of the major payday loan brokers, my advice is to kick the habit and don't touch these loans. The profits that are being creamed off vulnerable people are enormous, enabling people in the industry to live in tax havens like Monaco. I believe the UK Government will inevitably have to regulate this industry but we should also try to avoid using their "services"
    BTW, while customers tend to be the main victims of this industry, spare a thought for some of the staff. Our call centre manager once boasted that if any of his staff failed to get any clients to take out a loan during their working day, they were made to sit in the corner with a dunce’s hat on. I may be naive, but I thought that kind of maltreatment disappeared with the Victorians. I'm surprised nobody has sued them for breach of human rights and employment law.

    This ^^^ needs to be made a sticky. :T
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    Big Ron lends on a Sunday.....
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • andy.m_2
    andy.m_2 Posts: 1,521 Forumite
    They all seem to advertise weekend borrowing being no issue.

    Misery awaits I'm afraid
    Sealed pot challange no: 339
  • gb12345
    gb12345 Posts: 3,055 Forumite
    lynelle26 wrote: »
    Hi All,

    If you need cash loans on SPAMDAY. SPAMMYloanspayday.co.uk provide payday loans on SPAMDAY direct lenders and anywhere else that transfer money in on a SPAMDAY.

    Thanks

    Crappy Indian spam reported.
  • sharp82
    sharp82 Posts: 2,828 Forumite
    Seventh Anniversary Combo Breaker
    I used a website where a lot of lenders pay payday loans on a Sunday. You can filter your choice among them. I am sure this website will help you.

    SpamLoansPayday.co.uk

    Good job you arrived with your spam only 7 months after the op wanted a loan

    Good work
  • gb12345
    gb12345 Posts: 3,055 Forumite
    I used a website where a lot of lenders pay payday loans on a Sunday. You can filter your choice among them. I am sure this website will help you.

    SPAMMYLoans.co.uk

    I need a payday loan today to be able to pay for the drinks tonight - does that mean I can't use the site that you recommend as it is only for Sunday loans.
  • TadleyBaggie
    TadleyBaggie Posts: 6,699 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    sharp82 wrote: »
    Good job you arrived with your spam only 7 months after the op wanted a loan
    Good work
    Even longer than that, the OP posted in 2012.
  • StuC75
    StuC75 Posts: 2,065 Forumite
    But is probably still paying it off..
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