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Pay Day Loans

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ProfilePosted byOptionsPost Date

Sharron

Sharron Report 9 Nov 2013 18:42

I imagine you would have to be in a terrible mess and panicking to contemplate taking out one of their loans.

JoyBoroAngel

JoyBoroAngel Report 9 Nov 2013 18:19

to be honest i cant believe
people are so daft as to take these loans out
when the credit unions offer better rates and give good interest on savings :-D :-D

Sharron

Sharron Report 9 Nov 2013 17:54

I don't really understand why anybody would need a loan until pay day.

I sometimes have to put something off until the benefits go in but I know when they are coming, just as I had a good idea when my wages would go in, apart from that company who bounced a cheque on me in Christmas week!

Silly Sausage

Silly Sausage Report 9 Nov 2013 11:36

These pay day loans have always bothered me, glorified loans sharks they are. But as the saying goes a fool and their money are easily parted.

Kay????

Kay???? Report 9 Nov 2013 11:17

Some think this is the only route when under pressure...

£1 for a £6 return is criminal and should be stopped.

AnnCardiff

AnnCardiff Report 9 Nov 2013 11:05

Shocked to see on the news yesterday that the cost of borrowing £1 from Wonga for one day is over £6:00 - disgraceful

No wonder they can afford to bombard us with so many of their inane ads on TV