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Wonga/Payday Express - Why don't they play ball?
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You're not really making much sense, sweetheart.
Debts can be illegitimate and unenforceable for a variety of reasons.
Most gambling debts are not enforceable. Until recently, gambling debts were no more than 'Gentlemen's Agreements' and had no recognition in law.
It could be argued that wonga debts are also unenforceable because of the unlawful circumstances in which the loans are issued.
(viz Unfair Terms in wonga's Consumer Credit Agreement and wonga's Unfair and Aggressive Commercial Practices, etcetera).
Prostitutes can't enforce debts, neither can drug dealers.
Rogue lenders like wonga belong in the same moral sphere as those illegal industries.
You should neither trade with, nor pay any of them. It only encourages them.
I'm looking at it from a moral point. Obviously you don't have any so won't understand what i mean.
Most people who need to borrow money do so on the understanding that whoever they have borrowed it from should be paid back. With interest if necessary.
You don't seem to agree with this and will spout any rubbish to justify your reasoning. People aren't forced into taking loans with PDL companies, they have a choice.
Now, shut up about laws and regulations which have no relevance and run along. Shouldn't you be out sledging ?0 -
You're not really making much sense, sweetheart.
Debts can be illegitimate and unenforceable for a variety of reasons.
Most gambling debts are not enforceable. Until recently, gambling debts were no more than 'Gentlemen's Agreements' and had no recognition in law.
It could be argued that wonga debts are also unenforceable because of the unlawful circumstances in which the loans are issued.
(viz Unfair Terms in wonga's Consumer Credit Agreement and wonga's Unfair and Aggressive Commercial Practices, etcetera).
Prostitutes can't enforce debts, neither can drug dealers.
Rogue lenders like wonga belong in the same moral sphere as those illegal industries.
You should neither trade with, nor pay any of them. It only encourages them.
Asbo, loving your work.:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T:T
Prostitutes, Wonga, Gambling - the Big 3.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 -
You're not really making much sense, sweetheart.
Prostitutes can't enforce debts, neither can drug dealers.
Rogue lenders like wonga belong in the same moral sphere as those illegal industries.
The legality and the morality of prostitution are two different things and again like most things in life they works on many levels. Incidentally the act of prostitution by a consenting adult not subject to force is not illegal in the UK so would you like another go?0 -
Prostitutes, Wonga, Gambling - the Big 3.
don't forgot drug dealers.. they too can't enforce their debts....
where is a heroin dealer's court of arbitration?
incidentally, talking of wonga, and illegitimate debt collection..
it seems that wonga does the time-worn trick of sending letters from a bogus Debt Collection Agency, insofar as the DCA is actually wonga itself.
wonga also uses a licensed firm of bailiffs, Marstons, which uses tactics that are not only illegitimate but very likely unlawful too.
http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?332-Wonga-and-associated-companies
comments.....0 -
Let's bring this thread back on topic....
Roast pork, with stuffing, roast potatoes, cauliflower and carrots. Apple crumble to follow, with custard or cream.2013 NSD challenge 3/10
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anxious_mum wrote: »Let's bring this thread back on topic....
Roast pork, with stuffing, roast potatoes, cauliflower and carrots. Apple crumble to follow, with custard or cream.
Custard for sure, what about ice cream0 -
Public Law 109-364, is a good example.
The Law forbids payday lending to any member of the US Armed Forces or their dependents.
The Law came in response to a 2006 US Department of Defense study:
http://www.defense.gov/pubs/pdfs/report_to_congress_final.pdf
The DOD study confirmed that Payday Loans have a devastating effect on the psychological welfare of borrowers.
Where those borrowers are members of the US.MIL (or their dependents), this was found to interfere with their military readiness and their overall efficiency in deployment.
The Act forbidding payday lending to any US military personnel and their dependents came into force October 2007.
Payday lenders are also banned from setting up shop within a statutory zone around many US military bases.
See: http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=109_cong_bills&docid=f:h5122enr.txt.pdf
This raises an interesting question.
The US military has a large deployment in the UK. Tens of thousands of US military personnel and their families are living and working on British soil where they use local banking facilities.
Many of those service personnel are married to British subjects and they have children who enjoy dual citizenship.
Wonga is forbidden under US Federal Law from lending money to any of those individuals. The Law even forbids payday lending to US.MIL 'children' who are between the ages of 18 and 22 and still in education.
Those persons covered by this Act who have taken out payday loans from wonga.com and other scum-lenders should seek an attorney. It's almost certain that the loan contract is null and void, which extinguishes all indebtedness.what that really means is that for legal purposes the US base is considered US soil.
[...]
if however, the offence was against a UK citizen or property, the legislature provides for that person to be tried by a UK court.
You've fudged civil and criminal law, and you are wrong as well. See the fairly recent Brundle case.
Here we are only interested in civil law.
Most unlikely.This would almost certainly be a civil matter in which case the US forces would defer to UK law.
I have spent much time on the USAF bases in the UK.
My personal view is if you can 'get one over' on a banker then you've performed a public service. US servicepersons were well known locally for racking up consumer debts and not settling them. Good on them! Those debts were also unenforceable in UK law.
As a student, I worked a Saturday job in a hi-fi shop. USAF personnel often bought high-ticket equipment from the shop. From time-to-time, the USAF personnel requested credit. In those days, authorisation on a credit agreement was obtained by telephone from the lender - Lombard Tricity Finance Ltd (who i see now thrives on student loan debts)
The lender LTF had been stung so many times by unenforceable debts on US.MIL personnel, that we were told to reject the application if the would-be borrower so much as 'appeared to be' a US serviceperson (or a dependent).
Our instruction from the lender (LTF) was to ask the loan applicant to return with a British guarantor who could sign the paperwork and assume responsibility for the debt instead.
Those subservient Brits, eh? Is that what they call US-UK Special Relationship?!
A related issue were the many local women who had children with US servicemen stationed on the base and in the surrounding communities. Their legal efforts to obtain alimony or maintenance from the American fathers invariably fails. In fact the USAF will not even identify its personnel for the purposes of serving legal documents.
Thankfully, the US.MIL is not like the british armed forces.If the US forces are anything like UK forces, then the local commanding officer would sort this out to avoid embarrassment of his troops and extract a toll on the miscreant.
The US Armed Forces protect its servicemen from rogue lenders like wonga.com..
God Bless America for that, eh?!
Perhaps we should talk about the British Armed Forces and payday loans in another thread..
According to Dr Stella Creasy, the Labour-Co-op MP for Walthamstow, Our Heroes are particularly vulnerable to payday lenders and they need our Help here, too.
British servicemen are often on low-incomes and are geographically displaced where they have poor access to financial advice. Further, they cannot rely on the traditional lines of credit from family and friends which the rest of us take for granted.
It's certainly worth another thread. Scum lenders like wonga.com are greatly harming the military effectiveness of HM Armed Forces.0 -
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