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700,000 % APR
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By (user no longer on site)
over a year ago
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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 (user no longer on site)
over a year ago
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That’s just a terrible situation on every level,,,,,, utterly crazy and morally reprehensible....but very sad,,, |
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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
over a year ago
Forum Mod 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
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"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 (user no longer on site)
over a year ago
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"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
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"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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"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
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"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
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"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
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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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