Wonga to pay £2.6m in compensation for 'unfair and misleading' practices

[speling bee]

God - all this sh1t gets dragged up again? Its like the AGW thread.

Its best if you keep it simple so a cretin like you can understand.

I only object to the retrospection. I would be be better off in Zimbabwe.

Oh, one other thing. You really think this is a democracy?

Yes, yes, yes. We understand you care about your rights and how they're trampled over by retrospective legislation. But what about your responsibilities to pay taxes according to the law of the land as it stands now?

[MyUserName]

My mother never spent what she could not afford. Credit used to be called the never never for good reason.

So your mother would use credit if she could afford to pay it back safely?

What would happen if someone in your mother's position was hit by an expense that they needed to pay but could not currently afford?

[vetran]

So your mother would use credit if she could afford to pay it back safely?

What would happen if someone in your mother's position was hit by an expense that they needed to pay but could not currently afford?

unfortunately a lot more things are considered essential nowadays. When I was a kid cars weren't the necessity they are now. Much of our stuff came from auctions & jumble sales.

the benefit porn the other night had some young girl on the dole with a kid totting up her outgoings and well over hundred a month was on mobile phones and payday loans. She was upset having being late repeatedly for benefit appointments she was sanctioned and couldn't spend £80 on a new buggy.

[SueEllen]

unfortunately a lot more things are considered essential nowadays. When I was a kid cars weren't the necessity they are now. Much of our stuff came from auctions & jumble sales.

the benefit porn the other night had some young girl on the dole with a kid totting up her outgoings and well over hundred a month was on mobile phones and payday loans. She was upset having being late repeatedly for benefit appointments she was sanctioned and couldn't spend £80 on a new buggy.

Benefit porn seems to fall into two camps.

Those that show:
1. The people who pulled their finger out then they or the child got seriously ill/ stuck with a related child in their elder years, OR,
2. the idiots who sound dumb and are clearly dumb because they have parents who didn't give them life skills.

The former seems to be ignored by the general population even if the illness involved is cancer, the latter seems to excite the general population including the posters on CUK who should know better from their own life experience and/or current personal situation.

[speling bee]

Benefit porn seems to fall into two camps.

Those that show:
1. The people who pulled their finger out then they or the child got seriously ill/ stuck with a related child in their elder years, OR,
2. the idiots who sound dumb and are clearly dumb because they have parents who didn't give them life skills.

The former seems to be ignored by the general population even if the illness involved is cancer, the latter seems to excite the general population including the posters on CUK who should know better from their own life experience and/or current personal situation.

The former isn't porn so isn't exciting.

[vetran]

Benefit porn seems to fall into two camps.

Those that show:
1. The people who pulled their finger out then they or the child got seriously ill/ stuck with a related child in their elder years, OR,
2. the idiots who sound dumb and are clearly dumb because they have parents who didn't give them life skills.

The former seems to be ignored by the general population even if the illness involved is cancer, the latter seems to excite the general population including the posters on CUK who should know better from their own life experience and/or current personal situation.

I'm all for supporting the unfortunate, its the skiving scum that I'm not keen on.

Driving people onto benefits by undercutting benefits using imported labour is a large part of the problem that is compounded by failing to 'police' the idle and make it uncomfortable for them.

[speling bee]

I'm all for supporting the unfortunate, its the skiving scum that I'm not keen on.

Driving people onto benefits by undercutting benefits using imported labour is a large part of the problem that is compounded by failing to 'police' the idle and make it uncomfortable for them.

You're not going to send PC on a placement at Poundland are you? He wouldn't last a morning.

[speling bee]

Will be interesting to see if a fine of this size has an impact on Wonga.

It's worth knowing that for a lot of mortgage lenders, they will instantly decline an application if they see a pay day loan on the credit file even if it has been satisfied.



Wonga to pay £2.6m in compensation for 'unfair and misleading' debt collection practices

Will the police be involved? Sending letters to customers on non - existent law firms' stationery and charging an Admin fee for the letter...

Blackmail? Deception?

Wonga should be investigated by police over fake letters, Law Society says | Business | theguardian.com

[Martin@AS Financial]

The story continues:

Wonga chair predicts drop in profits ahead of business review | News | Mortgage Strategy

[vetran]

The story continues:

Wonga chair predicts drop in profits ahead of business review | News | Mortgage Strategy