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Community giving for debt

A quick question to throw out ... if there was a community giving scheme where, say, £10 or £20 was payable six monthly, but those who contributed could apply to have all or part of their debts paid off (subject to certain rules/criteria) who would participate?

Comments

  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    like a credit union?
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • WRINKLES
    WRINKLES Posts: 817 Forumite
    500 Posts
    jsmerl04 wrote: »
    A quick question to throw out ... if there was a community giving scheme where, say, £10 or £20 was payable six monthly, but those who contributed could apply to have all or part of their debts paid off (subject to certain rules/criteria) who would participate?
    Probably every person who was in debt / I sugest it could be run by the tory government / everyone could pay £20 twice a year for two years then they could move the goal posts and tell us they had to use the money to pay for MP s second mortgages as they were strugling during these tough times / or maybe Greece .:eek:
    GRADUATED FIRST CLASS WITH HONORS FROM THE SCHOOL OF HARD KNOCKS RECOMENDED READ IF BY RUDYARD KIPLING
  • WRINKLES
    WRINKLES Posts: 817 Forumite
    500 Posts
    Or you could run it then run off with all that lovely money
    GRADUATED FIRST CLASS WITH HONORS FROM THE SCHOOL OF HARD KNOCKS RECOMENDED READ IF BY RUDYARD KIPLING
  • WRINKLES
    WRINKLES Posts: 817 Forumite
    500 Posts
    Or we could pay it into a fund ran by Lowells or Mackenzie Hall then ask them to write off our phantom debts that we dont owe to them / anyone else got any ideas for this fantastic scheme
    GRADUATED FIRST CLASS WITH HONORS FROM THE SCHOOL OF HARD KNOCKS RECOMENDED READ IF BY RUDYARD KIPLING
  • WRINKLES
    WRINKLES Posts: 817 Forumite
    500 Posts
    edited 23 March 2012 at 9:45AM
    jsmerl04 wrote: »
    A quick question to throw out ... if there was a community giving scheme where, say, £10 or £20 was payable six monthly, but those who contributed could apply to have all or part of their debts paid off (subject to certain rules/criteria) who would participate?
    I think this poster is testing the water for ..............wait for iT .........................AAAAAAAA .............PYRAMID.............SCHEME:T:T:T:T:T:T:T:T:T
    GRADUATED FIRST CLASS WITH HONORS FROM THE SCHOOL OF HARD KNOCKS RECOMENDED READ IF BY RUDYARD KIPLING
  • WRINKLES
    WRINKLES Posts: 817 Forumite
    500 Posts
    jsmerl04 wrote: »
    A quick question to throw out ... if there was a community giving scheme where, say, £10 or £20 was payable six monthly, but those who contributed could apply to have all or part of their debts paid off (subject to certain rules/criteria) who would participate?
    Many members may have missed this / I think it is worth bringing it back on to the front page as it could be a new slant on a Pyramid scheme .:eek::eek::eek::eek::eek:
    GRADUATED FIRST CLASS WITH HONORS FROM THE SCHOOL OF HARD KNOCKS RECOMENDED READ IF BY RUDYARD KIPLING
  • For the record, it was a genuine throw out - I would not participate nor ever condone a pyramid scheme of any type. Nor would I ever do anything illegal or immoral!
  • WRINKLES
    WRINKLES Posts: 817 Forumite
    500 Posts
    jsmerl04 wrote: »
    For the record, it was a genuine throw out - I would not participate nor ever condone a pyramid scheme of any type. Nor would I ever do anything illegal or immoral!
    In that case ......why dont you explain how this scheme would work:)
    GRADUATED FIRST CLASS WITH HONORS FROM THE SCHOOL OF HARD KNOCKS RECOMENDED READ IF BY RUDYARD KIPLING
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