WikiWirral Online with you since 2003, fantastic.
Forum Stats
12455 Members
65 Forums
73759 Topics
997113 Posts
119 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
75 registered (alan128, 20 invisible), 1353 Guests and 211 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Submarine Disaster 660
Fitting bathroom lights need help 467
Jon venables 363
Murderer walks free 264
Great Mystery Of Our Time 232
Likely Lad Rodney Dies 157
Charity fishing match 157
David Cassidy 154
Brexit bill 112
Telephone Caller Alert - they are NOT BT BROADBAND 72
New General Forums
Elixir of life.
by granny
Yesterday at 10:15 PM
Great Mystery Of Our Time
by Spellbinder
21st Nov 2017 2:19pm
Brexit bill
by casper
20th Nov 2017 7:33pm
Telephone Caller Alert - they are NOT BT BROADBAND
by Laraine
17th Nov 2017 6:04pm
New Wirral History
Downloadable oldwirral pdfs
by derekdwc
9th Oct 2017 12:26pm
Forum Tips
Photo Gallery Forums
clipper yachts arriving for round the world race
Azamara,silouette and balmoral this mornig
Topic Replies
Jon venables
by RUDEBOX
Yesterday at 10:51 PM
Submarine Disaster
by RUDEBOX
Yesterday at 10:44 PM
Water Dispenser Cold Cool Machine Cooler
by markyport
Yesterday at 08:53 PM
3 X Eating / Writing Tables
by markyport
Yesterday at 08:24 PM
Murderer walks free
by fish5133
Yesterday at 07:42 PM
Extending dining table with six chairs
by kazaroo
Yesterday at 07:28 PM
What song are you listening to?
by snowhite
Yesterday at 02:50 PM
Bodytrain 2 in 1 Exercise bike and Cross trainer
by jonno40
Yesterday at 12:17 PM
Borat 😂
by _Ste_
Yesterday at 05:08 AM
November
M Tu W Th F Sa Su
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30
Recent Posts : What's On ?
The Lanterns at Chester Zoo
by granny
16th Nov 2017 1:05pm
bonfire night
by snowhite
3rd Nov 2017 5:40pm
Topic Options
Rate This Topic
#813810 - 5th Aug 2013 7:47pm Payday borrowers 'could complain about lenders'
Mark Offline


Wiki Master

Registered: 9th Nov 2003
Posts: 21086
Loc: Wirral
A host of payday loan customers have grounds for complaint against lenders over the way repayments were collected, a charity has said.

Citizens Advice said it saw 665 cases, of which 76% could have been forwarded to the Financial Ombudsman Service.

These included cases of individuals being chased for a loan they had not taken out, it said.

A string of payday lenders have signed up to a code of conduct aimed at improving standards.

Source click me
_________________________
My Avatar images are all from the Wirral Gallery.Click Me
Wow Wirral History is coming along Great! Wirral History

we get +200 new members a month now smile

Top
Google Ads
#813974 - 6th Aug 2013 10:46am Re: Payday borrowers 'could complain about lenders' [Re: Mark]
Gibbo Online   content
Forum Addict

Registered: 27th Dec 2010
Posts: 1835
Loc: Oxton
I'd be interested to know how many people as a whole use Payday lenders. 665 cases sounds like a lot, but it pales into insignificance if it turns out to be hundreds of thousands of users.

The BBC reported last week that only 2 out of 10 fail to pay back the money in time, either because they didn't understand how the scheme worked, or other factors prevented the money being repaid.

Top
#814032 - 6th Aug 2013 4:07pm Re: Payday borrowers 'could complain about lenders' [Re: Mark]
_Ste_ Offline


Wiki Master

Registered: 7th Aug 2005
Posts: 16055
Loc: New Brighton
whats a payday lender?
_________________________


http://www.youtube.com/user/stetopop

Top
#814038 - 6th Aug 2013 4:16pm Re: Payday borrowers 'could complain about lenders' [Re: _Ste_]
TheDr Offline
Forum Master

Registered: 23rd Feb 2010
Posts: 2631
Loc: Wirral
Originally Posted By: _Ste_
whats a payday lender?


Wonga
QuickQuid

LOADS of others, they are the ones that offer very short term loans with minimal checks and fast deposit into accounts.

If used for a loan for emergencies until PayDay, they sort of work, but people use them as a long term loan or debt solution and the interest rates are astronomical.

Top
#814041 - 6th Aug 2013 4:43pm Re: Payday borrowers 'could complain about lenders' [Re: Mark]
granny Offline

Wiki Master

Registered: 29th Jun 2011
Posts: 15019
Loc: Wirral
My foolish daughter took one out, about 12 months ago. The company needed a land line telephone number, so she gave mine. They needed a guarantor, so bless her, she put my name forward. Unfortuantely, as they gave her the loan, virtually the same day, I had no chance to reply to them , to agree to being guarantor.I most difinitely would not have done so either.
She failed on one of her payments as it fell on Christmas Day. No second chance,and I got the bill, even tho' I had not agreed to be guarantor. Horrendous interest rates!
They are very nasty aggressive people to deal with.I paid the whole lot off in one go, it was the better option.
Please don't go there, it can be a very big hole to get out of..if at all.

My thoughts on debt, are that I'm sure we have all had money worries or problems at some time, and the feeling is awful, depression and axiety are paramount.These companies are there to feed off your unfortunate predicament, and they will charge what they like, because they know you are so desperate at the time.If there is any other possible way, then avoid them like the plague.
_________________________
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect.
~Chief Seattle

Top
#814112 - 6th Aug 2013 7:58pm Re: Payday borrowers 'could complain about lenders' [Re: Mark]
_Ste_ Offline


Wiki Master

Registered: 7th Aug 2005
Posts: 16055
Loc: New Brighton
Thanks, i have never heard of such.

i think companies like that should be banned, disgusts me playing on people in a time of need, they should be there to help people not rip them off.

I understand they need to make a profit but do it at a reasonable level.
_________________________


http://www.youtube.com/user/stetopop

Top
#814139 - 6th Aug 2013 8:39pm Re: Payday borrowers 'could complain about lenders' [Re: _Ste_]
Dilly Online   Reading

Wiki Veteran

Registered: 17th Jul 2011
Posts: 8264
Loc: wallasey
Originally Posted By: _Ste_
Thanks, i have never heard of such.

i think companies like that should be banned, disgusts me playing on people in a time of need, they should be there to help people not rip them off.

I understand they need to make a profit but do it at a reasonable level.

Lend us a tenner Ste smile

Top
#814198 - 6th Aug 2013 11:25pm Re: Payday borrowers 'could complain about lenders' [Re: Dilly]
_Ste_ Offline


Wiki Master

Registered: 7th Aug 2005
Posts: 16055
Loc: New Brighton
Originally Posted By: Dilly
Originally Posted By: _Ste_
Thanks, i have never heard of such.

i think companies like that should be banned, disgusts me playing on people in a time of need, they should be there to help people not rip them off.

I understand they need to make a profit but do it at a reasonable level.

Lend us a tenner Ste smile


Your the rich one wink
_________________________


http://www.youtube.com/user/stetopop

Top
#814290 - 7th Aug 2013 1:25pm Re: Payday borrowers 'could complain about lenders' [Re: _Ste_]
Gibbo Online   content
Forum Addict

Registered: 27th Dec 2010
Posts: 1835
Loc: Oxton
Originally Posted By: _Ste_
Thanks, i have never heard of such.

i think companies like that should be banned, disgusts me playing on people in a time of need, they should be there to help people not rip them off.

I understand they need to make a profit but do it at a reasonable level.


100 from Wonga for seven days costs 112.

If I lent someone 100 for a week I'd expect to get a tenner to say thanks.

Their site is clear enough on how to use the service, but no doubt its used by people who don't care and want something NOW.

Like the woman on the News last week who borrowed 250 for a new cooker when hers broke, and had no real way to pay the money back in a timely fashion.

If that's the case then why didn't she look for a cheap second hand one?

Its not the place of Wonga to give out common sense.

There was a TV programme on C4 last week about a car dealership. A very camp fellow wanted to PX his one year old Nissan Qasqui for a 2005 BMW 4x4 because it looked good.

He was all ready to sign for the car, even after finding his finance payments had barely made a scratch into paying for the Nissan and he owned 18,000 (car was worth 15K), but he didn't care, he WANTED that BMW.

Right until the salesman advised him to check the insurance before he bought it.

Insurance was 3000 a year.

Top

Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
Jon venables
by Dilly
Yesterday at 07:23 AM
Borat 😂
by _Ste_
Yesterday at 05:08 AM
Murderer walks free
by _Ste_
22nd Nov 2017 2:29pm
David Cassidy
by cools
22nd Nov 2017 9:17am
Likely Lad Rodney Dies
by fish5133
21st Nov 2017 7:43pm
For Sale & Free
3 X Eating / Writing Tables
by markyport
Yesterday at 08:24 PM
Bodytrain 2 in 1 Exercise bike and Cross trainer
by jonno40
Yesterday at 12:17 PM
Wheelbarrow wanted
by zigzagwanderer
22nd Nov 2017 2:03pm
Lenovo H30-50 Slim Line Fast PC
by markyport
22nd Nov 2017 12:50pm
Extending dining table with six chairs
by kazaroo
20th Nov 2017 4:46pm
Featured Member
Registered: 16th Aug 2013
Posts: 2125
Newest Members
Ria63, Stephen1953, negusmat, wagonwheel82, Norfolk
12455 Registered Users
Today's Birthdays
locomotive (75)
New Wirral Info
Fitting bathroom lights need help
by yr20405
17th Nov 2017 11:29pm
Games for children
by granny
17th Nov 2017 1:35am
Bath Lifts
by locomotive
16th Nov 2017 6:22pm
The Lanterns at Chester Zoo
by granny
16th Nov 2017 1:05pm
Travelling Bus and Train Which Tickets?
by fish5133
15th Nov 2017 5:31pm
News : New Topics
Jon venables
by Dilly
Yesterday at 07:23 AM
Murderer walks free
by _Ste_
22nd Nov 2017 2:29pm
David Cassidy
by cools
22nd Nov 2017 9:17am
Submarine Disaster
by diggingdeeper
20th Nov 2017 5:46pm
Anyone read this ?
by venice
16th Nov 2017 3:22pm
New Enthusiast Forums
Borat 😂
by _Ste_
Yesterday at 05:08 AM
Likely Lad Rodney Dies
by fish5133
21st Nov 2017 7:43pm
Charity fishing match
by paul110180
17th Nov 2017 9:29pm
Are there any doctors or nurses on here.
by granny
16th Nov 2017 11:52pm
Taltalk Broadband Dying
by diggingdeeper
15th Nov 2017 3:40am
(Views 24hrs)Trending Newest Topics
Jon venables 363
Elixir of life. 16
Wirral Sunrise Sunset
Sunrise Fri 7:55am
Sunset Fri 4:03pm
Local Time Fri 5:09am
WikiWirral Can . . . .