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Celebrate the Jubilee with a payday loan
http://www.bbc.co.uk/news/uk-england-18250928:
A payday lender has been branded "irresponsible" after it published a blog suggesting people could take out a loan to fund Jubilee celebrations.
Payday Bank said the Queen's Diamond Jubilee presented the "perfect opportunity" to celebrate in true British style.
It concluded: "If you want to boost your Jubilee spending pot, a same day loan could provide the cash you need."
The article has been condemned by campaigners and a debt advice charity.
[...]
A spokesman for the company said the blog had been taken down once the BBC brought it to their attention.
He said: "We do not feel this was acceptable content and is not up to the standards we set ourselves with regards to responsible lending and brokering.
"The blog was written by a contracted third party, and we should have been more rigorous in checking the information on it.
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Comments
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even if they had checked it (which they probably did), then bet they wouldnt have taken any action without the bbc piping up
these lenders only develop 'standards' when thier shoddy ones are exposed0 -
No different to advertising a loan for "A Great Xmas" or "A fantastic Summer Holiday".0
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What a fantastic idea. Better get on the net so I can fund my sausage rolls and cheap union jack flags.0
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park hampers, save for christmas....no different. Or even valentines dayDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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So the BBC has now taken over the roll of OFCOM have they?0
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I don't generally agree with PDL advertising methods, I them distasteful at times. This is distasteful, but a fuss has only been made because of the jubilee factor. Oh how dare they! God save the queen, etc.
The fact is, if you're irresponsible enough to borrow at extortionate rates for non-urgent purposes, you're going to do so anyway, jubilee or no!0 -
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