Wonga/Payday Express - Why don't they play ball?

copa_feela

BoGoF wrote: »

Ok, say we follow a few US states and ban PDL's.....what then for those who crave credit whatever the consequence?

Where there's a demand there's a supply no matter how unsavoury the source

Apparently they'll turn to crime, or starve and die!

michael1983l

BoGoF wrote: »

Ok, say we follow a few US states and ban PDL's.....what then for those who crave credit whatever the consequence?

Where there's a demand there's a supply no matter how unsavoury the source

That would absolutley be a problem but it would only affect a tiny proportion of the people that legal ones do now. In some deprived areas payday loans have become the norm and this must be partly down to having ads on TV shoved down their throats every 5 minutes and notice how these ads are mainly on during the daytime?

I don't claim to have the answers to it all but you do not need to have sollutions to a problem to realise that there is a problem.

copa_feela

michael1983l wrote: »

That would absolutley be a problem but it would only affect a tiny proportion of the people that legal ones do now. In some deprived areas payday loans have become the norm and this must be partly down to having ads on TV shoved down their throats every 5 minutes and notice how these ads are mainly on during the daytime?

I don't claim to have the answers to it all but you do not need to have sollutions to a problem to realise that there is a problem.

They can't afford to eat but they can afford a tv?

BoGoF

michael1983l wrote: »

That would absolutley be a problem but it would only affect a tiny proportion of the people that legal ones do now. In some deprived areas payday loans have become the norm and this must be partly down to having ads on TV shoved down their throats every 5 minutes and notice how these ads are mainly on during the daytime?

Solution then is get a job and stop watching the adverts between Jeremy Kyle - sorted.

michael1983l

copa_feela wrote: »

They can't afford to eat but they can afford a tv?

You can pick up a TV for free quite easily these days. Have you ever heard of Freecycle?

Do you actually have anything constructive to say on the debate or are you just waiting around for opportunities to make spiteful comments so you can earn yourself a few more thanks for your profile?

michael1983l

BoGoF wrote: »

Solution then is get a job and stop watching the adverts between Jeremy Kyle - sorted.

You can easily be in a job and with the current prices for housing and fuel, still struggle just to meet the bare minimum requirements to service a household.

BoGoF

What, there's 42" plasma tv's on freecycle, with free sky subscriptions thrown in......back in 10 !!

copa_feela

michael1983l wrote: »

You can pick up a TV for free quite easily these days. Have you ever heard of Freecycle?

Do you actually have anything constructive to say on the debate or are you just waiting around for opportunities to make spiteful comments so you can earn yourself a few more thanks for your profile?

So they've also got the internet to access Freecycle, and transport to fetch the "free" tv? Lots of things that could be sold to provide a short term income!

Constructive advice - take responsibility for your own actions. Stop blaming other people for your mistakes.

2sides2everystory

jonesMUFCforever wrote: »

The banking system in the US bears no resemblence whatsoever to the one in the UK.

Just had to correct this ... have you heard the number of American accents in top positions in UK retail banks ? Thought not. You need to go to the top floor occasionally and see who's who.

OP I am with you.

PDL companies should be banned from operating here too and pretty soon I expect them to be severely curtailed. That 10 states should already have done so shows that that at least some governors and administrations might be of substance. There's a lot of reasonable people in those states you listed. Many New Englanders for example think and behave like conservative (small c) caring middle-Englanders.

It is pretty dire that certain types continue to wade in on this forum to knock down those who have (quite understandably) got into trouble with these disgusting companies especially the one whose advertisements we have to endure several times an hour on almost every tv channel other than BBC.

It makes me wonder whether the cleverdicks have truly endured yet any of the bad things that are happening to large sectors of our society.

As I sit typing this a family of professional people who have always worked whose children are still not all through university have been moving back into the children's grandparents' home today, simply because they could no longer afford their mortgage when one particular public sector was cut affecting both wage-earners in a single swoop.

They just managed to downsize before their debts spiralled. But they look very very tired and disconsolate.

Their struggle is not over.

I imagine that the nay-sayers in these forums are simply "all right Jack" and maybe they think they got their jobs and kept them through pure merit and actual superiority. They may soon need to think again, especially if they too are public sector employees.

I wish you luck OP in finding a way both in reconciling the debt and in damning the PDL company.

michael1983l

BoGoF wrote: »

What, there's 42" plasma tv's on freecycle, with free sky subscriptions thrown in......back in 10 !!

I am not sure about that, but it only taken me a 290 second search to find a 28" TV for free.

http://groups.freecycle.org/aylesbury_freecycle/posts/17840123/28%22%20Toshiba%20Colour%20Television