Payday loans set for parliamentary vote

[MarillionFan]

Were you a guard or ?

Yes...

Visitor.

[d000hg]

On the other hand, those who use these services ought to be grateful for thesec companies pointing out how supid they are.

Also, they do offer a genuine service in some cases. 2000% APR for 1 day is a reasonable fee.

[amcdonald]

Also, they do offer a genuine service in some cases. 2000% APR for 1 day is a reasonable fee.

And how is that better than a loan shark apart from the baseball bat ?

[MarillionFan]

And how is that better than a loan shark apart from the baseball bat ?

No splinters.

[Zoiderman]

Wonga charge an APR of around 4000%

It's tantamount to loan sharkery to be honest. I thought MBMA were taking the piss a little by putting my APR up 22% overnight, but that's got to be considered borderline illegal.

Only MF can make a gain like that

[d000hg]

And how is that better than a loan shark apart from the baseball bat ?

You're signing a contract rather than trusting the loan shark won't change their mind.

Bridging loans are quite common.

[Zoiderman]

You're signing a contract rather than trusting the loan shark won't change their mind.

Bridging loans are quite common.

Bridging loans are currently running at around 15%

[MarillionFan]

Bridging loans are currently running at around 15%

Seems high. You can get 3% using a credit card.

[Zoiderman]

Seems high. You can get 3% using a credit card.

I know, 15% was the worst I could find, in order for it to be a fair comparison, given Woga seemed to be the worst PDL provider

[BrilloPad]

I've been to prison. It's no big deal.

Visiting sassy in HMP Wandsworth does not count.