MSE News: Payday loans: tough action needed from summit

John_Pierpoint

.........and now you can expect to be sued for racism against Welsh people as well a chavs a scrotes.:D

John1993_2

John_Pierpoint wrote: »

.........and now you can expect to be sued for racism against Welsh people as well a chavs a scrotes.:D

How on earth did I manage to mis-spell that?

I'm contrite.

hanlou007

Quote/ for example the fact that vulnerable people often get messed about with benefits

The fact that some people use these companies without being able to pay it back or knowing full well they cant pay it back shows why they are on benefits in the first place !!
If i get to the last week before payday and for some reason go overdrawn by £5 i get charged upwards of £25 by my bank, whereas i could use Wonga and borrow £25 and only pay them an extra few quid in a weeks time.
Use them wisely and there is not a problem.....let dumb people use them and we end up in the current situation !!!
Once again though we have to look after the brainless people first !

JuicyJesus

I would rather pay the £25 to be honest. It has less chance of damaging my credit file than the massive "I AM AN IDIOT" marker having payday loans on there often turns out to be.

£25 now causes me less long term financial damage than the financial cabbage marker does.