Teach him to have low rates

**SimonMac** · 21 May 2013, 20:21

Originally posted by vetran View Post

The toothless loan shark: Market trader who ran illegal lending racket from his fruit and veg stall is spared jail because interest rates were 100 times LOWER than high street firms | Mail Online

I bet he didn't pay taxes either, surprised they didn't Taser him.

More a loan tadpole than loan shark

**AtW** · 21 May 2013, 20:23

Friendly Dolphin perhaps?

His only fault that he did not apply for a banking license...

**doodab** · 21 May 2013, 20:44

This is retarded. The guy is clearly providing a service that people want at a competitive price. Sort him out with the necessary license and let him carry on. The trouble is that vested interests have made the necessary licensing expensive and difficult, and that is anti competitive and exactly the sort of problem that government need to solve.

Democratize lending, let us become a nation of loan sharks, and we'll soon see sensible interest rates for borrowing and lending again.

**Peoplesoft bloke** · 21 May 2013, 21:10

Originally posted by AtW View Post

.... banking license...

Originally posted by doodab View Post

necessary license

We spell it licence in this country - have a look at your driving licence if you don't believe me. Bloody septic cultural imperialism.

**AtW** · 21 May 2013, 21:22

Originally posted by Peoplesoft bloke View Post

We spell it licence in this country

It is spelt as "License to kill" in mine.

**doodab** · 21 May 2013, 22:05

Originally posted by Peoplesoft bloke View Post

We spell it licence in this country - have a look at your driving licence if you don't believe me. Bloody septic cultural imperialism.

Perhaps there is a market for English English spell checkers. Plan B anyone?

Teach him to have low rates