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700,000 % APR

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By *iew OP   Man
Forum Mod

over a year ago

Angus & Findhorn

through illegal money lending...

WOW... a man borrowed £200 to buy a car and paid back £90,000 after many beatings.

good lord....

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By *ucsparkMan
over a year ago

dudley


"through illegal money lending...

WOW... a man borrowed £200 to buy a car and paid back £90,000 after many beatings.

good lord...."

For once the payday loans might have been cheaper

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By (user no longer on site)
over a year ago

Holy shit, an awful thing to happen. Although does beg the question, why use an illegal money lender. Most people of sound mind would go without before going to those scumbags.

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By *iew OP   Man
Forum Mod

over a year ago

Angus & Findhorn

desperate I suppose... shocking figures tho

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By (user no longer on site)
over a year ago

That’s just a terrible situation on every level,,,,,, utterly crazy and morally reprehensible....but very sad,,,

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By *ce WingerMan
over a year ago

P.O. Box DE1 0NQ

Hope it was T&T'd for £200

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By (user no longer on site)
over a year ago

Just look at the whopping apr on them payday loans adverts

We would you get them

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By (user no longer on site)
over a year ago

Desperate people do desperate things.

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By *unky monkeyMan
over a year ago

in the night garden

Is this shit for real yo?

Funky Monkey Enterprises™ has a new business model!

In all seriousness this type of loan tactic should be outlawed. It preys solely on the weakest and poorest of society and destroys them.

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By *iew OP   Man
Forum Mod

over a year ago

Angus & Findhorn


"Is this shit for real yo?

Funky Monkey Enterprises™ has a new business model!

In all seriousness this type of loan tactic should be outlawed. It preys solely on the weakest and poorest of society and destroys them."

on the news at lunchtime, so very sad for people caught up in that

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By (user no longer on site)
over a year ago


"Is this shit for real yo?

Funky Monkey Enterprises™ has a new business model!

In all seriousness this type of loan tactic should be outlawed. It preys solely on the weakest and poorest of society and destroys them."

I thought loan sharks are illegal already?

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By *ady4ladyWoman
over a year ago

liverpool

Desperate to me is not 'needing to buy a car' its paying for food or shelter.

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By (user no longer on site)
over a year ago

Is it offcom that should get on this tv shit

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By (user no longer on site)
over a year ago


"Desperate people do desperate things. "

It's testament to what vulnerable people will do in these times when everything is being cut.

And on that subject it's banker's bonus time again.

Just when food banks are crying out for supplies post Xmas.

Sorry. Politics. Ughh. *bangs head with saucepan and goes to make coffee*

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By (user no longer on site)
over a year ago


"Desperate to me is not 'needing to buy a car' its paying for food or shelter.

"

What if they are say, a security guard, and they need to get to remote sites at odd times to earn a living to pay for said shelter and food?

It depends on the individuals needs and priorities

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By *ev and TrevCouple
over a year ago

cardiff


"Just look at the whopping apr on them payday loans adverts

We would you get them "

unfortunately alot of people don't see that they have a choice. The fact that so many of these payday loan companies are thriving is proof of that. banks are lending less & if you've a less than perfect credit score they are sometimes a persons only choice.

just take a look around your high street, charity shops, cash for gold & cash converter style shops are popping up in abundance, 'tis a sign of the times!

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By (user no longer on site)
over a year ago


"Hope it was T&T'd for £200 "

You mean £90,200!

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By (user no longer on site)
over a year ago


"through illegal money lending...

WOW... a man borrowed £200 to buy a car and paid back £90,000 after many beatings.

good lord...."

Its really bad that this sort of thing happens it shows some people have zero compassion at all.

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By (user no longer on site)
over a year ago


"through illegal money lending...

WOW... a man borrowed £200 to buy a car and paid back £90,000 after many beatings.

good lord...."

Its really bad that this sort of thing happens it shows some people have zero compassion at all.

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By (user no longer on site)
over a year ago

Was it pure coincidence that all the bet your life away adverts (bingo and online gaming) appeared shortly before all the borrow yourself into debt company adverts.... ??

And is it only me that thinks that OFFCOM should be strung up by the sphericals, for encouraging it all....

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By (user no longer on site)
over a year ago


"Was it pure coincidence that all the bet your life away adverts (bingo and online gaming) appeared shortly before all the borrow yourself into debt company adverts.... ??

And is it only me that thinks that OFFCOM should be strung up by the sphericals, for encouraging it all.... "

bloody should do unless there making money out of it

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By (user no longer on site)
over a year ago

I would have paid a few mates to give to loan shark a good working over and put him in a wheel chair before I'd of paid him back that much. Scum like loan sharks deserve to be crippled same goes for drug dealers

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