End Legalised Loan Sharks.

[Guest]

How do i make a photo instead of a link appear,this is new to me.

 

you did a pic before #413? click on 'insert image' tab when in the post box?

Edited September 29, 2013 by Ford

[Tawnyowl]

Hi Caro-Fancy that,could have been Wellingtons,Lancasters-if you want me to if you can remember which airport he was stationed at, i will try to find some pictures for you.

 

The TUC Demonstration-Manchester Sunday 29/9/2013.

Marchers protest at Tory conference

 

I am back from the Demonstrations.A article needs writing.The roads into Manchester were gridlocked.When dropped off i immediately worked my way to the front through the crowds.In my own world,this is where i belonged. Spent most of the time in the middle between the Mounted Horses and the Police Lines..About ten metres away from the Save Our NHS Banner and Owen Jones.

.Apart from rushing about taking pictures when i saw a opportunity.Backwards and forwards,waiting on street corners, on the road.Next to the police,crouched down at times by shops.Waiting as the march stopped a few times.

 

The police were very good,both mounted and the Police line.Even took some of them as well,and had a chat with one,built like Rambo.As usual i had to ask him,do the police use you to break down doors.His answer"Sometimes"

Walked through the City,beautiful buildings.In a way i suppose i will not do again. Over 50000 people there.A lovely day.When people certainly did have their say.

Then went to the park and enjoyed the music and the tremendous speakers.Owen Jones is a wonderful speaker,and looks so young to have this power.I will mention the others in a larger article.

 

Ended with the Farm singing with the oldest brass band in the land.http://stalybridgeoldband.org/page2.htm

I will write more-this is just to get things going.I have over 200 Photographs taken this day .A fuller article will appear,but the story is large.But the passion people had for this Demonstration,i have never seen anything like it in my life.

.And do you know the strange thing about this Demonstration,the people were having their say,and were as one, from every town and city of Great Britain .Asking for what is right.There can be no doubt.

I myself felt like jumping on stage and letting rip about Donations and Bankers and Legal Loan Sharks.Over 3 years looking at things internationally,why not.Only a couple of sentences about them.

 

The Govt is making a nation of Legal Loan Sharks

 

 

 

50,000 march in NHS cuts protest in Manchester

 

http://www.bbc.co.uk/news/uk-england-manchester-24286582

 

 

The only worry for me on the day was this.

As i said 90% of my time was spent at the front of the march.Sometimes if i saw someone or somebody who attracted my attention i would move towards them.To get the picture.Pushing shoving,finding my own shots,with the big boys with their super cameras,my digi tells the truth.

 

The police did not seem to mind,surprised me really,thought they would tell me to clear off,took the chance.Right next to the horses at times So well looked after,immaculate as were the riders..Could hear what the security and the police were saying.

 

For the third time this month i have wiped out the rest of the post-i will do it again after i have stopped kicking myself round the room.Do you know computer how long it took me to write this post,behave yourself.

 

Anyone wondering what has happened,i wrote a story about yesterdays NHS demo-then accidentally deleted it.Story will appear again.The NHS saved my life a few years back.

If you want to know more about why i feel so supportive to the protests demonstrations legal loan sharks go back a page.

Normal service will resume.

I have decided to ,with help from my daughter to release all photos i took at the Demo in a slide show.

Check back within a couple of hours.

You your friends,the police,horses, speakers,green party candidates may be on there.

 

 

 

'New Movement Is Forging': Thousands take to streets over UK health cuts

 

 

 

 

 

 

Movie pictures with music released within 1 hour.Manchester Demo NHS Sunday 29/9/2013

Edited September 30, 2013 by tawnyowl

[Guest]

 

Thanks Ford will try again-new digital camera downloaded photos to comp then try to put on here just comes as link,will to computer. will try again

Technology baffles me Used to bashing bricks about..Daughter would do it straight away-what a picture it is,says it all.

 

clicking on the 'insert image' tab then 'browse' should allow you to browse comp to where the pic is. then clik 'upload file' when located.

[Tawnyowl]

Finally-The World Premiere of Tawnyowls Participation In The Demo In Manchester.

 

 

 

Now as usual i deleted half the story before.I will do it again over the next few days.

If you want to know where Damon-Tawnyowl was at the start of the march.Stop this next video at 58 seconds,And look for the Baldy with jeans on and a hoody-ha,a backpack,a camera,and a bottle of water,that is all i needed.One hell of a day,one hell of a MARCH,when people had their say.For sure

And believe me when i say this.If David Cameron was having a Gin and Tonic at the Bar he must have thought

a Earthquake had arrived when the people marched by. Shaken,not stirred-he heard you.There is no doubt.

The day people said welcome David Cameron to the North-now Frack Off.

 

 

 

Maybe one more-20 metres back was the man himself-The London Artist Taki Drive Chunky Mark

A protestor activist artist who has Cancer and is being treated for it.By the NHS Has a black cab And makes videos in it.Sometimes if he is roused enough 2or 3 a day.Pushed a peanut through the streets of London with his nose when he felt strongly about things.Pushed a pink plastic pig to 10 Downing Street to deliver a letter..And has his say.In his way

I PRESENT TO YOU DIRECT FROM MANCHESTER THE ARTIST TAXI DRIVER-will in a mo

Good grief i have 3 videos playing at the same time-my head is bursting-and my ears

Have you ever done that.Try it..

 

 

And those of you who have not heard Owen Jones before-have a listen to this-Fox News calls him a

"Braying Jackal"

 

Thanks Desperate Daniella spotted your post below.

Glad you enjoyed.Bringing things to life,so you can feel you were there-trying to.

Still got to tell the story yet-some surprises and tales to be told.

 

I have to shoot off now,chap to see about the oldest oar driven lifeboat in the world.

A story to be told there as well..One heading for the headlines.

That i am sure of.

Could have connections to a wonderful Opera singer a composer, a heartbreaking episode for one.

A story with a beginning a middle but not yet a finale.

When it happens as i hope the Finale will be,well dreams can come true.

I may have to link to a blog,that i have not yet made,and really do not want.

Maybe though the Consumer Action Group would let me do a special.This story will be big,and attract interest,as it builds up.Increase viewing.

There maybe a small corner somewhere in the CAG for such a thing.

Who knows.What is meant to be is meant to be,but i will make this happen,take it worldwide.

This is my pledge to the RNLI and historic episodes that swirl round in the mists of time.

I will blow them away.The story will be told internationally.

It is nothing about me,i know what is going on,just want to tell it in a different way.

Tawnyowl,in deep thought and heading for the door.

Such variety.

 

Just to remind myself.

I am back from the Demonstrations.A article needs writing.The roads into Manchester were gridlocked.When dropped off i immediately worked my way to the front through the crowds.In my own world,this is where i belonged. Spent most of the time in the middle between the Mounted Horses and the Police Lines..About ten metres away from the Save Our NHS Banner and Owen Jones.

.Apart from rushing about taking pictures when i saw a opportunity.Backwards and forwards,waiting on street corners, on the road.Next to the police,crouched down at times by shops.Waiting as the march stopped a few times.

 

The police were very good,both mounted and the Police line.Even took some of them as well,and had a chat with one,built like Rambo.As usual i had to ask him,do the police use you to break down doors.His answer"Sometimes"

Walked through the City,beautiful buildings.In a way i suppose i will not do again. Over 50000 people there.A lovely day.When people certainly did have their say.

Then went to the park and enjoyed the music and the tremendous speakers.Owen Jones is a wonderful speaker,and looks so young to have this power.I will mention the others in a larger article.

 

Ended with the Farm singing with the oldest brass band in the land.http://stalybridgeoldband.org/page2.htm

I will write more-this is just to get things going.I have over 200 Photographs taken this day .A fuller article will appear,but the story is large.But the passion people had for this Demonstration,i have never seen anything like it in my life.

.And do you know the strange thing about this Demonstration,the people were having their say,and were as one, from every town and city of Great Britain .Asking for what is right.There can be no doubt.

I myself felt like jumping on stage and letting rip about Donations and Bankers and Legal Loan Sharks.Over 3 years looking at things internationally,why not.Only a couple of sentences about them.

The Govt is making a nation of Legal Loan Sharks

The only worry for me on the day was this.

As i said 90% of my time was spent at the front of the march.Sometimes if i saw someone or somebody who attracted my attention i would move towards them.To get the picture.Pushing shoving,finding my own shots,with the big boys with their super cameras,my digi tells the truth.

 

The police did not seem to mind,surprised me really,thought they would tell me to clear off,took the chance.Right next to the horses at times So well looked after,immaculate as were the riders..Could hear what the security and the police were saying.

Well as i say i was looking at people intensely,what they were carrying,what they were wearing,looking for pictures.Surveying the buildings we were marching past.Looking up at the windows many things.Moving around,moving in front,sometimes slightly back into the march.Crouching down by shops,looking ,watching.

Well at the front of the march something attracted me.A TV man carrying his camera,complete with sound mike,big thing,was reaching for his mobile.

Thought for some reason this could be interesting.So crossed over going to try for a shot of him answering it,why who knows.

It was he started taking pictures with his mobile.

Set off again On the side of the path by the Banner saying,Save The NHS.Owen Jones and others behind it ,holding it.

Spotted two guys,25 ish,eyes red like a rats,the drained look,drinking god knows what,from bottles the size of lemonade bottles

In a dip,dark,possibly a underground car park.Absolutely leathered

.Walking past, maybe 5 metres,i turned round to check the front of the march,just as i did one of them staggered up moved to the front and started doing the Nazi march,taking the mick.

Next minute was grabbing Owen Jones as if they were mates.Owen Jones stayed calm,unmoved,cool as a cucumber.Eyes just looking ahead.

I know,but i do look at things closely.This was in a darkish area,which when you have been in the sun,seems even darker.The area is in the video.

The police moved him away.I am sure i got a shot,will check.

Even then things were crossing my mind,remembering back to the 7th Sept,when for 20 minutes he and others did a sit in protest at a payday loan shop in Whitchapel London.Then moved off to take on the EDL at a Unite against racism rally.Pictures shown earlier in this thread.

The guy is fearless,putting himself in situations,because he believes in things.Remembering him saying,they are thinking and trying all kinds of things to get at me.When you get to where he is now,you need some kind of protection,just saying.Perhaps i am going to deep.Will move on.

The only other incident i saw was at the park.I was because i was at the front,at the park waiting to take pictures,perhaps 200 metres by that time in front.But because people split up in all directions entering the park really there was no great opportunity that grabbed me,so went to the stage area,hanging over the left of the railings by a girl who was singing.Very well to.

Listening to the speaker,all of a sudden this guy,6 footish strong look,backpack,thick light couloured jumper,the autumn kind. on started screaming in a powerful voice.

MMM,i thought a place for everything.But not now.Let the man speak.

Thought to myself that is it.But he would not stop.Every 20 seconds strarted again.

A chap moved in,smaller,square faced,tash,miltary look.Faced him square on,eyes fearless right next to him.Face to face,or face to shoulder,you understand.Seen that look before in my life.Something will happen.Moved for my camera to get closer.Just as i did the police moved in.Took him away.Good job to.Seconds away from a incident.I have seen the guy in the video i put on briefly.Will look again later.Check him out again.

I feel this is enough,i will write the whole day,mention,speakers,the march street by street,but not now,the article is to big.

This march will go down in history,do not let anyone tell you differently.

The biggest Manchester has seen since Maggies time.

The Day people said to David Cameron,leave our NHS alone, Atos,Bedroom Tax Royal Mail,.who do you think you are to target people like this.We will not take this lightly.

And also said,Welcome to the North,now Frack off just saying.This is how i saw things.

Edited October 1, 2013 by tawnyowl

[Desperate Daniella]

That was absolutely brilliant. I was mesmerised. Great to see that it was a very peaceful demonstration too because that's the best way to get the point across.

[Guest CHEVRA]

so the new proposed changes for PDL, one 2 collections by card and only 2 roll overs. Is the best they can come up with.

 

If you give donations everyone wants you.......

 

 

Jewish Care has defended its decision to host Wonga founder Errol Damelin as guest speaker for a fundraising event in the face of concern from some members of the community.

Young Jewish Care’s business committee will host up to 100 people at an “Evening With Wonga” on Wednesday. But the charity has been criticised for giving a platform to a company which made £1 million a week last year from offering short-term loans at high interest rates.

Carl Packman, author of Loan Sharks: The Rise and Rise of Payday Lending, believed that Jewish Care should not have invited Mr Damelin. Wonga’s “business model puts people in debt. It’s a profitable, but not an ethical business,” he said

A Jewish Care fundraiser, Michael Ezra, commented on the event’s Facebook page: “[Wonga] profits from the vulnerable.” He called on the committee to withdraw its invitation.

The charity has been criticised for giving a platform to Wonga

 

 

A Jewish Care spokesperson said the charity had received eight complaints. A spokesperson for the YJC business committee said the event provided “an opportunity for young members of the community to question topical speakers. We are providing a platform to directly ask Wonga’s chief executive about his life and business.”

Funds raised from the event with Mr Damelin, a South African Jew who co-founded Wonga in 2006, will be donated to Jewish Care’s Holocaust Survivors’ Centre in north-west London

[Tawnyowl]

Banking while poor: how banks profit from predatory payday lending

 

If you're rich in America, banks will waive charges for you. But if you're struggling, what they see is an indecent profit opportunity

 

http://www.theguardian.com/commentisfree/2013/feb/27/banking-while-poor-predatory-payday-lending1

 

Banks are trying to destroy the Credit Unions in America.

Wonder why the Banks do not bring any products out to compete with the lenders.

Credit Unions only have 6% of the market,but as here you get the feeling credit union membership is about to boom.

The sheer greed of the Banks is frightening.

They see what is coming.

Credit Unions help people in their community.What do the Banks do.

And payday lenders do.They take the profits and jet out of town.

Rich,it is ok old boy,no charges for you.

Middle or poor they empty your pockets,even take your benefits,if only 10 p over drawn.Even if only a minute over any due time.

Sickening.

Where do a lot of their profits come from.

Rebel join your Credit Union.

Does not matter if only 10 pound a month.

You will become part of a movement for change.

One wealthy chap i was talking to the other day,would not put his money anywhere else.

The rate he was getting slaughtered the greedy banks rate.

This is what the Banks are scared of.As the message gets through to people.

Massive changes will arrive,soon.

 

Chevra,i have only just spotted your post.

.Nice of you to pop this on.

Any news just pop it on,anyone.I will read them all.Any news reports,newspaper articles just put them on.

I am finding it hard to keep up.With the news.

Thanks

Shortly i am going to put some articles on.That hopefully should rouse you,want to comment.

Especially those legal loan sharks,and their supporters.

Chevra,i know how you feel.Fighting back against the lenders is difficult because of their power,their friends in high places,the donations,that swing thoughts and minds.

The donations if you look hard enough go back years.Small donations,placed at a time where they must know,one day these donations,will be remembered and called back in a different way.Money for influence.now,or in the future.

I have seen these change politicians minds.This is clear.There can be no doubt.

 

I do get involved in many things.A short while ago i was talking to some Muslims.

We had a fine chat.

Even they,get problems the same as us.Invited to go to the Mosque to look around.

These were people high up in their local communities.We laughed and joked,sad stories were told,happy ones too.

I have a open mind,like to meet people.I do not see colour ,race,we all are humans.I will lean down and talk to someone who most people walk past.Some of the stories they tell me are the most interesting things i have heard.

 

Once again we are dealing with powerful people.But will beat them one day.

The Banks are scared.People like Bank of Dave,Spark down South offering loans to local businesses at mates rates,and promising to take the sharks on when things get going.All net profit to charity.Beat that sharks and banks.Also paying 5% to investors.

Community banking.

 

They see what is going to happen.The banks Shaking in their boots.

But still so greedy,not learning any lessons.

 

The People like Errol Damelin,the head of Wonga who i have challenged but will not answer,are trying to gain a feeling of respectability through the sheer power of money.

TV,sponsoring programs,radio,buses,newspapers,pals in high places, beginning to brainwash some..

Some politicians have to many things to do,to concentrate on,only look at things quickly.

Do not see the Scorpion sat next to them.Lost really,in another world.

Some of us who do manage to concentrate on them see them for what they are.

Just predators,targeting you and your communities.In Great Britain America Australia and Canada.

Devising and maneuvering around any kind of regulation possible.

Ban them.

 

And i do not want to hear any politician say again banning them will lead people to the loansharks.Sick of that one.

There is a way to still give credit to people,the poor the people caught in situations'

Without the need of sharks.

But Credit Unions and may be even the Church are the answer.

Archbishop Welby has said now in a blog,10 years to compete.

Why.

To the church investment team i say to you.

Invest in the Post Office network.

Link the Credit Unions the PO network,pay for the IT platform then you will not have the need to get involved.

Going the 10 year route is no good at all.This way would make you look like you care.And you can then get on with Church business.

You have over 6 Billion in investments,get on with it.Invest in the IT platform.

Archbishop Welby you said you would compete the Sharks out of business.You pledged this.

This is the way to do it.Keep your pledge.I will not forget what you said.Others may,i will not.

Words are one thing,action is another.

 

Interesting,just found it.

Is a Birmingham Credit Union now doing payday loans as well as the London one.

http://birminghamfairmoney.org.uk/

 

It seems they are.

http://www.citysave.org.uk/

Will add more soon.

 

 

 

 

This is Wongas rate,the one whose head Errol Damelin will not take on my challenge.

Borrowing £400 + Interest & fees £127.15 = Total to repay £527.15 for 30 days.

A Legal Loan Shark there is no doubt my friends.

Why do you think they target Football clubs to sponsor in poor areas.Newcastle,Blackpool etc.

Do you think it is a act of kindness.

Do you think they spend millions for nothing.

They target the poorest in society.

There is no doubt.

We must ban them,regulation will not work,this is becoming clearer.

There is to much money involved.

One of the answers to this is above

I am sure you can see this.

Join yours today,let us hope the Banks do not try to destroy the Credit Unions here.

Great Britain

http://www.findyourcreditunion.co.uk/home

 

America

http://www.lovemycreditunion.org/Why-Join-a-Credit-Union-156.html

 

And do not forget this thread is 22 pages long now-read it back to front-or front to back,see how things have developed.

Edited October 9, 2013 by tawnyowl

[Tawnyowl]

Just popping this story on,then putting some thoughts down.

 

Wonga shifts part of business to tax haven Switzerland despite not offering loans there

 

Tax experts said the set-up could be used to reduce its tax bill, but Wonga denied it had used an “artificial or aggressive scheme” to avoid tax

 

http://www.google.co.uk/search?q=wonga+moves+money+to+geneva+daily+mirror&ie=utf-8&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&gws_rd=cr&ei=9BFYUsfwKMfb7AaQ4oDABQ#q=wonga+moves+money+to+geneva+daily+mirror&rls=org.mozilla:en-US:official&tbm=nws

 

First of all,my thoughts so you understand where i am coming from-then i will build on things.

 

Wonga-There is no doubt are Legal Loan Sharks sucking money out of your communities up and down Great Britain.

Taking money and jetting out of town.Never to be seen or spent in your community again.

Hoovered out of your pockets with the worlds biggest hoover.

I will now begin to build on this news and put my reasons for thinking,why are they doing this.As the day goes on.

 

First of all let us put one of their payday loans on,then take Wonga to pieces.

 

Borrowing £400 + Interest & fees £127.15 = Total to repay £527.15 - For 30 Days

 

Remember they research,and are believed to have 100 people in their development team alone.

Looking for changes,watching for any possible danger to their empire.

 

Now let us move back to 2012-A Telegraph Article

Wonga mulls US flotation with £1.46bn value

 

Wonga is considering a stock market float in the US as early as next year that could value the consumer and business loan company above £1bn.

 

 

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9307853/Wonga-mulls-US-flotation-with-1.46bn-value.html

 

Tax experts told the Mirror that the set-up could be used to reduce the company’s tax bill in the future, but Wonga denied it had used an “artificial or aggressive scheme” to avoid tax.

 

Now personally if i was Wonga as a business,i would be wanting to float fast,why you may say.

 

First of all let us look for other Swiss connections to payday loans

Top Tory funder runs high-cost loans company

 

 

Conservative party grandee controls firm which charges interest at 75 per cent APR

 

Financier Henry Angest – a friend of the Camerons and a former Tory Treasurer – gave the Conservatives a £5m overdraft facility shortly before the last General Election at an attractive interest rate of just 3.5 per cent.

 

http://www.independent.co.uk/news/uk/politics/top-tory-funder-runs-highcost-loans-company-8656356.html

 

Now let us consider threats to their Empire.

I-Big Possibilities of tightening up of regulations,limiting rollovers,many things next year.

Wonga makes i believe 5 p on every pound borrowed.

Can you imagine what could happen if things tighten up.

 

I believe they now operate in South Africa,Spain,Poland and Canada,but will check this soon.Global expansion.

 

2- The Credit Unions in America are facing their biggest ever challenge.

The Banks are trying to destroy them.The Credit Unions have i will check 6% or 7% of the market.

Why is it the Banks greed or is it they see what is coming.

The Credit Unions are about to boom there can be no doubt about this.

The Banks in America and Great Britain are making plenty out of the problems that arise.

CPAs,fees unauthorised overdrafts,many things.If you look hard enough you will see this.

I have articles stored that i wrote a few weeks ago,i feel soon the time is right to put these on.If i can find them,i will.

 

Ok .Yo get a feeling Credit Unions are about to boom here as well.

Some now offering loans at mates rates.A comparison for you that may spread Nationwide soon.

 

WONGA LOAN----Borrowing £400 + Interest & fees £127.15 = Total to repay £527.15 - For 30 Days

 

 

 

CREDIT UNION LOAN Borrowing £400plus Interest& 8.93 = Total to repay 408.93- For 30 days.

 

This must shock you,and make you realise it is now time to join your Credit Union.

When this spreads Nationwide surely the Payday loan companies will be destroyed.

http://www.findyourcreditunion.co.uk/home

 

If i was a investor i would not go near investing in the sharks.

 

People wonder why Wonga are shifting things about.Maybe take a look at this thread.

http://www.consumeractiongroup.co.uk/forum/showthread.php?405703-Creditcredit-union-loans-comparison-hopefully-soon-to-go-nationwide-join-today.%281-Viewing%29-nbsp

 

Edited October 11, 2013 by tawnyowl

[sillygirl1]

How very naughty of them, they are using a loophole in the law (as they do with their raiding bank accounts).

 

Maybe this money is being set aside to pay a hefty fine which may (or may not) be imposed on them for their misbehaviour.

 

How I wish some organisation had the teeth to close this lot down (and other PDL firms).

[Tawnyowl]

Just been thinking about Wonga.I know there are others,but they seem to be the Kings of Legal Loan Sharking.

Just want someone to answer me a few questions.

Interest Rate 1% per day

(simple interest) Calculated at the end of every day, calculated on your interest bearing balance that day

1--Transmission Fee £5.50 Added to loan amount requested so will accrue interest. This fee also applies to new loan top ups

 

2-

Extension Fee £10.00 Charged if we accept your application to change your promise date

 

Late Payment Fee £30 Charged at 5pm on your promise date if you miss your payment and added to your outstanding balance

 

The Transmission fee-£5 50p accrues interest.Just wondering how much a transmission fee costs to send.

Wonga some say make 5p on every pound lent.

 

Late payment fee-£30.00-what the hell gives them the right to charge this

.

Extension fee £10.00 what,can you believe this.

It is the stuff of nightmares,you can hardly write it.Never mind believe it

 

So if they charge £30 for a Late Payment fee.Is this the equivalent instant profit to making £600 in loans.

 

 

 

.

Edited October 15, 2013 by tawnyowl

[Tawnyowl]

Just letting the Payday Loan Brokers know your time is up.We know,you know what you have been up to.

What gives you the right to rip people off.There is no doubt of this.

Your time is up.Or will be soon.

Latest news.One of the MPs has got back to me.There may be hope.Gordon Marsden a MP who does care about people in his community.

I have witnessed this personally.I will send him the clear evidence and info tonight.It is time for the Brokers to be asked questions.Or looked into carefully.Going back years if need be.

[Tawnyowl]

OK- today's news,just looking into it.

Wonga are hiring a top film director to make a half hour documentary about its business.

 

Wonga hires Bafta-nominated director to show the good ( do not make me laugh) side of payday loans

 

The movie has been shot location all over the UK and will feature 12 real customers who volunteered to appear unpaid

 

 

http://www.mirror.co.uk/money/city-news/wonga-payday-loan-film-directed-2371977

 

I have made my own documentary,protest about them and others in the paydayloan,legal loan shark business.

Because of the unusual location i made it , and weather issues there were sound effect issues.

However i will put it on when the time is right,with the sound issues.You will have to read my lips,to see what i was saying.

You may laugh which i really would not mind.I did.

But at the bottom of the clip will be words i said,or tried to say.

The message i feel will get through.

 

In the past i have worked for many millionaires.

One as rich as Mr Wonga.

I remember most of them,who wouldn't

I admired many,some started with not a bean,worked their way up.

Watched how they worked.They had a special way of making things happen.

What some rely on is image and respectability. .One man i saw spent 25,000 at least on facelifts,hair transplants etc.

When you said why,Image he said.Wanted to appeal to the young.

Not one of them targeted people in this way.I do not class the Wongas of this world as Entrepreneurs.

Even one,at the time i was working 7 days a week.

Had everything a man or women could dream of.I mean everything.Anything they wanted it was theirs.Anywhere in the world.Swimming pools,houses anywhere anytime.

But on occasions argued like hell with each other.Just the same as many off us.I am lucky,never seem to argue.I would lose anyway.Know my place.

 

I shall release the film at the same time as them.

So long as it is not in the next two weeks.

Editing and additions being made.So much work involved.

When you put money into things,say like Wonga do into sponsoring TV programs,films etc,spending massive amounts

you begin to have some leveridge.Do they want to become a Bank perhaps.,

 

Well you can see quite clearly,by the way they sponsor,Football Clubs,TV shows,Travel etc and which towns cities they have tried to or have succeeded in sponsoring,sometimes failing who their target audience is.

I need not say more.

 

I perhaps will ask 12 people who have bad experience of your Loans Mr Wonga.

Like here-in a mo.

 

http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?332-Wonga-and-associated-companies

 

More about Wonga soon.

And Mr Wonga,you do not need to spend thousands hiring a Top Director,talk to me.

I have asked you enough times.

Where does the money come from to do these documentaries

It comes from the people and communities you have targeted so cleverly,like the predator you are.

Planning to float on the Stock Market soon my friend.

Anyone planning to invest in the Investment vehicle for payday loans promising 40% net return.

 

DO NOT TOUCH WITH A BARGEPOLE-YOU WILL LOSE YOUR SKIN RIGHT TO THE BONE.

And we will expose you.Tell your employees anyone where their money is being invested.

May take time,but will.

Edited October 16, 2013 by tawnyowl

[Desperate Daniella]

Good for you, Tawny. I shall look forward to seeing your film.

[Tawnyowl]

Interesting question from Paul Blomfield MP to David Cameron on Payday Loans 16/10/2013-House Of Commons BBC

http://www.bbc.co.uk/iplayer/episode/b03dyr37/Prime_Ministers_Questions_16_10_2013/?t=43s

 

Payday loan firms face £20million tax raid under Labour plans to bankroll cheaper credit for struggling families http://www.dailymail.co.uk/news/article-2464411/Payday-loan-firms-face-20m-tax-raid-Labour-plans.html

 

Take action against irresponsible advertising

 

If you see an advert for a payday loan that you think is irresponsible or misleading take action to get it taken down.

Make a complaint to the Advertising Standards Authority (ASA). It has the power to ban adverts which break the rules. However it can only investigate or take action if a complaint is made.

The rules about the advertising of payday loans are quite complicated but we’ve pulled together some top tips to help you spot the bad ones.

 

• Payday loans: Take action against irresponsible and misleading advertising [ 150 KB]
  

 

 

Back the Charter to Stop the Payday Loan Rip-off

 

http://www.change.org/petitions/back-the-charter-to-stop-the-payday-loan-rip-off

 

 

Payday of reckoning: Legal loan sharks to get new regulator and limit on roll-overs which earn firms £1bn

 

Payday lenders like Wonga facing clampdowns from new market regulator the Financial Conduct Authority

 

http://www.mirror.co.uk/money/personal-finance/payday-lenders-like-wonga-facing-2332906

 

America but the Same here in Great Britain.

Why do people choose Payday Loans

 

 

 

MPs: 'FCA's payday loan regulation does not go far enough'

 

http://www.mortgagestrategy.co.uk/news-and-features/sectors/regulation/regulation-news/mps-fcas-payday-loan-regulation-does-not-go-far-enough/2001730.article

 

Can you imagine the Legal Loan Sharks giving up Rollovers-Two only allowed.

Can you imagine CPAs stopping what the Legal Loan Sharks are thinking.Working there way round these regulations that may come in.

Can you think about how much the banks are making of these problems.

Stella Creasy knew years ago,the cap on the total cost of credit would sort this mess out.

The govt says it will research this thought.So 5 years probably away.

Forcing them to give up advertising,how many are making fortunes of the sharks.

 

Archbishop Welby with a Audience of millions said he would compete the sharks out of business.

Then a month later in a blog said it would take 10 years to do.

Did you know this

Why Archbishop get your Church investment team that has 7 billion invested in Lord knows what to pay for the IT platform at the Post Office,link with the Credit Unions,problem then on the way to be solved.90% target within 2 miles of Post Offices.

And then you can get on with Church Business,happy you have helped communities and people being targeted by the sharks.

Let us compare the sharks rate against the Credit Union rate for a payday loan,now in London and Birmingham.

WONGA LOAN----Borrowing £400 + Interest & fees £127.15 = Total to repay £527.15 - For 30 Days

 

 

 

CREDIT UNION LOAN Borrowing £400plus Interest& 8.93 = Total to repay 408.93- For 30 days.

 

And increasing surely memberships of Credit Unions.

I have said for sometime ban the greedy lenders that target your communities your towns and cities.

How has this been let to go on.Donations to govt from these lenders.How has this been allowed.

A bit lower down the scale maybe,but these lenders are desperate to keep ripping people off.

One paid for men to scream at people,women who were trying to sign a petition against the sharks in America..

I can not believe what i have read and seen on both sides of the Atlantic.I can not believe people are allowed to be targeted this way by predators.Just as the Sub Primers did a few years ago.

Money for influence,there is no doubt.Same in America.At all levels going back years.Search and you will see this

But for now a cap would do.

And the next time a politician says doing this would drive people to the loan sharks,say to them have you researched that statement.

 

1-- The businesses continue not only to exploit the urban poor but also to socio-economically subjugate them by trapping many into a virtually ceaseless debt cycle. In the end, a blanket proscription of these businesses might be the only way to drive them from the center-city and prevent them from perpetuating poverty.

 

2--Some practices so fundamentally affront our shared values that they should quite simply be prohibited. It is one thing to exploit the urban poor, but it is another thing to systematically worsen their socio-economic condition and to thereby subject them to greater control and subservience. Exploitation, in other words, might be tolerable in our market economy, but subjugation should not be. You can take people’s money and the value of their labor, but you not should be able to yoke them permanently or even semi-permanently to subordination. By actively making the urban poor even poorer, the rent-to-own, payday lending, and title pawn businesses do just that and should be banned.

 

3- Payday lenders.-The newest form of loansharks.

The product forms a trap,clever because it does not ensnare every consumer and because the result is achieved without fraud or violence.If we judge matters by the public outcry payday lending is the shrewdest form of loan sharking yet devised.

 

 

4-- In Broken Britain we have a noble group of clergy doing the Lord's work, trying to protect people from modern-day money changers. Yet the political party that supposedly espouses Christian values is not on the side of the righteous, but on the side of greedy payday lenders. Christianity and the exploitation of the poor are irreconcilable concepts. You can't claim to be the former and also allow the latter to happen.

 

USURY---

“Usury is that swelling monster contrary to nature, order and all good reason.”

(Aristophanes)

“Usury overthrows trade, decays merchandise, undoes tillage,

destroys craftsmen, defaces chivalries, beats down nobility,

brings dearth and famine, and causes destruction and confusion.”

(Thomas Wilson 1569)

“The cancer of usury is an old venomous sore and

the chiefest head and cause of Rebellions in countries.”

(Tacitus

 

I am a gentle person,a thinker,a observer of things.

I see predators targeting you and your communities.Affecting many things.

Can not just stand here and do nothing.Hope you understand

 

5-- @David_Cameron I want to meet you-Ask why u get #donations from the #paydaylenders- #Mp that worked for them-mates rates offers of #loans

 

No need to be worried,the cause is just,i have to ask these questions.The facts are there for all to see.

I have given up on Errol Damelin the chief of Wonga to answer me.So i have other ways of getting my message through to him.A documentary will be released at the same time as his.If ten people see it i will be happy.A kind of slideshow,facts,statements and more,going back years..

Edited October 18, 2013 by tawnyowl

[Tawnyowl]

I feel it is time to mention the documentary and why i made it.I will not back away from it .It will be released.

A small story for you.Oh not another one do i hear some say.

Well not at my prime anymore,did i just say that.Just sliding past my prime seems a better way to say this.Only just may i add.A touch that is all.

Well i used to work on roofs,fixing chimneys taking them down.In the olden days,i know ridiculous and not safe even took the devils down by ladder,no scaffold nothing.Even used to sit on top of them.Taking those massive chimney pots,heavy beasts and trot off down the ladder,sometimes they were that heavy i used to behead the odd one first.Regret that now,see them in gardens everywhere 30 pounds or more to buy now.To ease the burden,sometimes lower them by rope.The bricks i used to build walls.with some 10 metres long or more.

Safety aspects,scaffolding safety is paramount now,so do not think i work that way now..

Many people in the past did take risks,but not now,i must make this clear.

 

Well recently i was called upon to repoint and replace the mortar round the pots,make watertight. two chimneys,Victorian chimneys nothing special.

Just your average everyday chimneys.About thirty feet up.A easy climb,a shallow roof,so just a cat ladder needed.

Every risk worked out.No danger.

While doing this everyday job,i do not know why Christmas came to mind.

Something to do with Santa using these soon,i must make a good job.

Still a kid at heart.I feel the body may change slightly not the mind.We are programmed to act grown up.But deep down.

Have you ever been out with the kids at the park on the swings and looked around then seeing not many people about

leapt up taken a swing,a slide etc.There you go.Nice is it not.

While looking around,a beautiful day,but a howling wind blowing but warm,sun shining.

This is a true story,but a lighter post than usual,i feel you realise that.

 

As i say,after perhaps 30 years in construction routine.Robotic perhaps,enjoying it but thinking about things.

People struggling as Christmas approaches,Credit Unions and Payday Loans came to mind.

Looking around,Blackpool Tower on the right of me,the Pleasure Beach on the Left

The house i was working on,was higher up than sea level,slightly inland.So they looked lower..

Much lower.

And straight in front of me was Wonga Stadium,maybe half a mile away.But looking closer.I could see the writing.

This was having a effect on me as you can imagine.

So i had my son and heir to my trowel with me.

He who knows everything,the one i never argue with,mmmm,but after 112 years sorry 12 years very good at the job.

I said after a while "Son who has the phone that can do everything",probably speaks even,"Can you film me,i want to say a few things about payday loans."

After a few looks that dads can understand and a few moans because he wanted the job doing he agreed.

Well although in my head i knew what i wanted to say,i wrote a few notes,just in case.Yes everything is carried up there just in case.

So obviously a quick script had to be made.

It was decided that he would slowly move round Blackpool with his camera,taking in the tower the pleasure beach,and Wonga stadium.

Then when he swept back i would have climbed up the cat ladder and if by magic appear by the chimneys ready for action,and the speech.Remember i had not done anything like that before.

 

Take one

Off i started giving a fine performance.Everything going well.

Somewhere in my mind i was thinking mmm,i hope i do not forget what i am talking about.

I was talking about Christmas,giving these ladies as i called the Chimneys a facelift for Christmas,ready for the visit.

And for people to forget about Payday Loans and join the Credit Union.

All of a sudden my son started laughing,why i do not know .

I have never seen him like this,tears were rolling down his face,howling with laughter.

Well as you can imagine,take one was abandoned till he recovered.

 

Take two-

My feathers were slightly ruffled by this time,i was thinking also about the Cheque Centre and how they had asked a customer who had gone in for help and asked them, instead of giving them debt advice if they had any gold instead.

Well who has any gold left so the thought that crossed my mind was a gold filling.Give them that.

So off i went again,everything fine,notes hidden from view just in case.

Half way through saying something like"will this do",grabbing my front tooth as if to pull out and give them that off he set again.Howling he was again.

Take two abandoned.

 

Take three.

Cut this short.Half way through,i forgot what i was going to say and had to keep looking at the notes.

So i looked like Noddy,head up and down and eyes also.

Abandoned,spluttering,everything went pearshaped.

Then to beat it all when played back,the wind is just about all you can hear.But edited and added to coverage of other things may look passable.So it will be a mixture of seriousness and comedy.But the message will get through i feel.

It will be set to music including the Jaws theme and should by the time it is finished be ok..

Probably 6 minutes at the most.Maybe less,we will see.

Now what was i upto,what was i doing before writing this.

Maybe a nice cup of tea to start with.It is throwing it down outside.

 

Hi Sillygirl1seen your post below.-Yes i understand-B and Q,why not And yes i have found it myself and played a few tunes.I also walk past the small birds that tweet,maybe forty of them in B and M bargains,the ones with sensors and make them go off..Never give up on fun.At any age.I have a couple of years on you.In what direction you will have to guess.Shall we open a adults play area.Comfortable swings,a amusement park,flippers and a juke box,70s records etc.Get a few old mates around.Coffee,Pepsi,bring the wild times back.I think a thread should be started in the Bear garden if you get time.Asking people if they still have fun in these ways.If you get time.

I hope everything works out for you tomorrow.I am sure it will.

 

As for the disc thing,no need to show the real thing.

As this is a lighter post than usual,enjoy this.For you Sillygirl1

I assure you in real life these noises do not occur.But amusing.

Twice i have put myself in hospital training.

Minor maybe but painful at the time.But this was at the extreme part of Kung Fu.And my fault really.

Wanting to much,to feel to much.

Do not be put off joining at any age.You over time will become like a piece of elastic.And fitter than you have ever been.

And give you confidence to walk the streets.And for children i do not think the discipline and other benefits it gives children can be beaten.

Edited October 21, 2013 by tawnyowl

[sillygirl1]

tawnyowl, you sound a bit like me, I still have a childish urge every time I go into B&Q to find the part where they display the doorbells and ring every one - at 55 you can imagine the looks I sometimes get - somebody commented it 'must be on her bucket list'.... well, sorry, but I have always done that ever since I was a child!

 

My other urge is to get one of those spinning discs you see in the martial arts films (think Indiana Jones and the Mummy films), and use it whenever I see one of those horrible little cars with the cameras on the top - and behead them. I am sure a lot of other people are with me on this one!

 

As for Wonga, at least their horrible radio jingle has been pulled.

 

I believe they were hoping to become a 'bank by the back door' but I believe the OFT and other organisations have jumped in on that score. They feel these companies do not have sufficient 'long term aims' over funding sources to have any chance of long term success and it would be 'boom and bust'. Hopefully for Wonga it is going to be bust by the time the new regulators get their teeth.

 

I was also reading that Wonga got their first 'default' in their first week of operation - how the hell did they manage that? Or was it a 'pre-conceived plan for some sympathy pr'? The case rests.

 

If I get a chance to find the links to that article (think it was in Credit Today or the Daily Mail) I will post it up, bit chaotic here at the moment, court tomorrow over council tax issue (second adjournment hearing - council lady squirmed in her seat last time after the judge questioned her on why they went for liability so quickly).

[Tawnyowl]

Back to business.

 

Durham research finds loan companies "preying on poor"

 

http://www.bbc.co.uk/news/uk-england-24583073

 

Preston declares war on payday loan companies

 

http://www.lep.co.uk/news/preston-declares-war-on-payday-loan-companies-1-6164884

 

 

Leeds payday loan battle continues

 

http://www.yorkshireeveningpost.co.uk/news/latest-news/top-stories/leeds-payday-loan-battle-continues-1-6144248

 

 

Campaign to scupper payday loan sharks

 

http://www.readingchronicle.co.uk/news/roundup/articles/2013/10/17/94108-campaign-to-scupper-payday-loan-sharks/

 

 

AMERICA-

Payday Loans Still a Debt Trap by Design

 

Consumers Lose $3.4B in Fees Each Year

 

http://washingtoninformer.com/news/2013/sep/20/payday-loans-still-debt-trap-design/

 

A peek inside payday loan industry fight to keep interest cap off ballot

 

http://www.stltoday.com/news/local/govt-and-politics/a-peek-inside-payday-loan-industry-fight-to-keep-interest/article_191a2e8b-3d1a-5bde-89ea-46039b9351ae.html

 

The more i read and look at the Payday loans problems internationally,i find it hard to believe how these predators have got away with things so long.Why have banks not brought out products to compete.Left it to the Credit Unions.

The payday loans brokers as well,how can they get away with ripping people off.

Who are the powerful ones backing them.Allowing things to continue like this.Limiting rollovers,talk of regulation,banning .

Before that can happen another Christmas looting peoples pockets.

And look to America,they find their way round everything.Rollover bans,Capping rates,even total bans by moving offshore.

They will not give up.

 

 

If you want to get back in control when in trouble with payday loan companies,this may help you.A interesting read

Or if you are sick of CPAs read this.Get back in control.

 

How to cancel a continuous payment authority on a payday loan

Edited October 22, 2013 by tawnyowl

[Tawnyowl]

Ripped Off By a Rogue Payday Loan Lender? Fight Back!

 

http://www.money.co.uk/article/1009858-ripped-off-by-a-rogue-payday-loan-lender-fight-back.htm

 

Taking Out a Wonga: Lessons Learned from Researching Payday Loans, Credit Unions and Popcash

 

http://wearefuturegov.com/2013/10/taking-out-a-wonga-lessons-learned-from-researching-payday-loans-credit-unions-and-popcash/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Futuregov+%28FutureGov%29

 

Citizens Advice

http://www.citizensadvice.org.uk/index/campaigns/current_campaigns/paydayloans.htm

 

 

 

Special report: The dark side of credit - a million new payday loans every month

An increasing number of people are taking out loans which they have little chance of paying back, due to the exorbitant interest rates and high fees

http://www.independent.co.uk/money/loans-credit/special-report-the-dark-side-of-credit--a-million-new-payday-loans-every-month-8680018.html

 

 

Desperate Google search term 'trends' reveal insight into misery of hard-up Britain

 

http://www.mirror.co.uk/money/personal-finance/desperate-google-search-term-trends-2474649

 

 

Credit union offers cheap online payday-style loans

Other UK credit unions are expected to adopt a similar model next year.

http://www.bbc.co.uk/news/business-24581395

 

 

As well as being exactly 10 weeks to Christmas, today is International Credit Union Day. To mark it, Capital Credit Union have decided to expand their Swift500 product so that it’s available to anyone willing to save with the credit union by direct debit.http://www.keziadugdale.com/2013/10/17/big-win-for-debtbusters/

 

Edited October 23, 2013 by tawnyowl

[Tawnyowl]

I was talking to my son about payday lenders and gambling.A few people with gambling problems have come on here after taking payday loans out.One of who says he is now 3 months without gambling.He did have a powerful addiction.All his wages used to go on gambling.Online.

I knew once a musician,He told me one day how he had filled stadiums around Great Britain.How everyone loved him on stage.Adoring fans.The buzz it gave him.

Yet when he came off stage the tremendous void,the drop, that could be filled with other things to keep the feeling going.

Perhaps the same with sportsmen.I feel it would take no time at all for them or some of them when targeted by the predators out there to become food for them.To empty their pockets.Young people really.It seems they are targeted cleverly by the predators just as the payday lenders target people all over Great Britain as elsewhere.Sheer greed.Profit at any cost.

He was telling me about the way they pull people into their web.

I had never looked at this before.

He told me some firms offer ridiculous odds.Say a team like Manchester United playing a team that has bad form.

Perhaps giving 4 to 1 on Manchester United winning.Which draws people in.The first bet.Targeting.

Well i must admit i did not realise the problems that are building with gambling,advertising, and payday loans.Even footballers who seem to have major problems.It is clear the advertising needs looking into.

 

Footballers 'using payday loans to fund gambling habits', reveals charity Sporting Chance

 

According to charity Sporting Chance, players are so desperate to bet they are taking out short-term loans

 

http://www.telegraph.co.uk/sport/football/competitions/premier-league/10401604/Footballers-using-payday-loans-to-fund-gambling-habits-reveals-charity-Sporting-Chance.html

 

 

 

 

Footballers using PAYDAY LOANS to fund gambling addictions, clinic boss claims

 

Colin Bland of Sporting Chance says players are being targeted by betting firms and slams the way they advertise during TV games

 

http://www.mirror.co.uk/news/uk-news/gambling-addicted-footballers-use-payday-2485869

 

The *revelation comes after former Manchester United winger Keith Gillespie recently admitted gambling away £7million.

Mr Bland reveals that even high earners have confessed they can’t afford the amount they’re betting.

He claims many are targeted.

“We have stories of young players being emailed, ‘We’ve noticed you’ve not gambled with us in a while, we’ve put £1,000 in your casino account just to get you going again.’”

Sporting Chance, founded by former Arsenal and England captain Tony Adams, runs *seminars to educate players.

But Mr Bland is critical of the way the betting firms advertise on TV during games.

“It is quite aggressive. I don’t believe that a provider of alcohol would be allowed to advertise in the same way.”

 

It does not help when politicians have connections to gambling organisations.Always there somewhere in the background.

Advertising watchdog rejects complaints from Tory MP with links to the bookies

Philip Davies comes under fire for failing to declare hospitality received from Ladbrokes

http://www.independent.co.uk/news/uk/politics/advertising-watchdog-rejects-complaints-from-tory-mp-with-links-to-the-bookies-8749028.html

 

 

How do I complain about a gambling advertisement?

 

If you have a complaint about a gambling advertisement, you should visit the Advertising Standards Authority (ASA) website, or call them on 02074 922 222.

Licence holders must follow the rules put in place by the Committee for Advertising Practice (CAP), the Broadcast Committee for Advertising Practice (BCAP) and the Industry code of practice for advertising - August 2007

http://www.gamblingcommission.gov.uk/gh-contact_us/complaints/complain_advertising.aspx

Edited October 25, 2013 by tawnyowl

[Tawnyowl]

Archbishop and Camilla meet over payday loans prompting speculation Duchess could follow Charles to take a more political role

 

 

• Duchess and Archbishop of Canterbury held private meeting at Clarence House
  
  
• Camilla is a supporter of local credit unions that lend out members' savings
  
  
• Most Reverend Justin Welby has been campaigning on payday loan firms
  

http://www.dailymail.co.uk/news/article-2469756/Archbishop-Camilla-meet-payday-loans-prompting-speculation-Duchess-follow-Charles-political-role.html

 

 

Pay day loan websites blocked by Tameside and Stockport councils in bid to end 'scourge that prey on society'

 

http://mancunianmatters.co.uk/content/251013149-pay-day-loan-websites-blocked-tameside-and-stockport-councils-bid-end-scourge-prey

Dubious pay day loan companies’ are now blocked from all council computers in Tameside and Stockport in a bid to promote more trustworthy financial support systems. This drastic measure comes in the wake of increasing numbers of people defaulting on council tax , feeding their family via food banks, and struggling to pay for essential utilities, the council has revealed.

 

America.

6 Outrageous Facts That Show How Payday Lenders Screw Consumers

 

http://www.businessinsider.com/outrageous-facts-about-payday-loans-2013-10

 

It is easier to promote “gambling, alcohol and payday loans"in the UK than proper investments.

 

BBC STORY-Footballers-gambling and payday loans-video and story.

http://www.bbc.co.uk/sport/0/football/24648539

 

 

Experienced problems with paydayloans ? Head to Adviceguide for help: http://bit.ly/18pkdnD

And come here to the CAG tell us your story.

We may be able to help you. Definitely will try.

Had or having trouble with a Payday Loan,a Payday Loan broker,tell us.

There you go-fill in and a warm welcome for you awaits.

Link below.

http://www.consumeractiongroup.co.uk/forum/register.php

 

And if you are thinking yes i have had a payday loan and paid it back early or on time,i am fine maybe time to think again.

See what damage a payday loan does to your credit file.Tell your friends to be very careful.

 

This is the payday loan survival guide.Which leads on to talk about how payday loans damage your credit file and possibly your future purchases of many things,mortgages,cars,high finance.

Listen to it even,you soon get the message.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?396982-New-payday-loan-survival-guide-by-mike-dailly-govan-law-centre.%281-Viewing%29-nbsp

 

 

Edited October 26, 2013 by tawnyowl

[Tawnyowl]

I always find it interesting to see what is happening in America in the past and the present on the Payday Loan situation.

The CFPB in America set up in 2011

http://www.consumerfinance.gov/the-bureau/

does seem to be sharpening its teeth and trying to get to grips with things.

Similar to the FCA to have power here in April 2014

http://www.credittoday.co.uk/article/16011/online-news/fca-says-clock-is-ticking-for-payday-lenders-under-new-regime

But the legal loan sharks seem to find their way round many things.

 

A link for those who have time from Fox News.Many links and articles and a video or two.And a good few pages.

http://www.foxnews.com/topics/issues/payday-loans.htm

 

 

Makes a change,how about a quick look at Australia.

Westpac emerges as key funder for pay-day loans

http://www.smh.com.au/business/westpac-emerges-as-key-funder-for-payday-loans-20131013-2vgug.html

 

 

Australia

And i will not say to much about fake reviews on websites.

But they are out there.How many of you have been taken in by fake reviews.

Anyone who has read a few of my threads know what i am saying.

You work for years to build up a business,to get decent reviews.

You do not ask people but mention if you want to you can put a review on if you like my work .Or as i say say what you feel.The truth nothing else.The customer is in control.

Each one of mine has the customers name,email address a photo of work if needed and can be checked going back years.

Then someone who is in the financial product market suddenly gets 5,10,15 reviews in the space of 15 minutes.All brilliant.

Drawing people into the web.

Put on by the same computer.It makes you sick.

These people are dealing with tens of thousands of pounds a week.What does this say about them.

People who are on the edge desperate for a loan.Believing these fake reviews.

I have given details to a MP.

It needs looking into.

Happy family testimonial used by Money3 exposed as a sham

http://www.news.com.au/national/happy-family-testimonial-used-by-money3-exposed-as-a-sham/story-fncynjr2-1226745539083

Edited October 31, 2013 by tawnyowl

[citizenB]

I wonder if there is a way of finding out just how truthful some of the reviews are, TO ?

 

It does make you wonder sometimes.

[Tawnyowl]

Hi Citizenb

I suppose the Ombudsman can ask questions about these.

Ask for customers details,email addresses etc.

But as more and more people use the web many must believe these reviews.

Especially as many are hoping for a way out of a difficult time.

What percentage takes any notice of these when desperate for a loan i do not know.

Not tremendously high i should think.Otherwise many of them would be out of business.

But it is not fair.

Some of the more advanced sites can flag them as suspicious,they can tell where they came from.

If many appear within minutes from the same computer etc.

Even if now removed they store these reviews on their systems.So they are there for the future just in case.

A good question that i would like the answer to.Or somehow things tightening up.

After all this is not about how nice a window has been painted etc.

It is about people borrowing or looking to borrow many hundreds of pounds.

Or trying to.Trust is paramount surely in these situations.

But relative i suppose whether a window or borrowing money.The truth that is all people want.

Edited October 31, 2013 by tawnyowl

[Tawnyowl]

Payday loans: Anger as financial watchdog chief says legal loan sharks 'just like using a credit card'

 

Sue Lewis claimed there's no difference between using a credit card and taking out a loan at 5,000% interest

http://www.mirror.co.uk/news/uk-news/payday-loans-anger-financial-watchdog-2648343

 

 

 

 

Dating website conman who took out payday loans in names of lovesick victims jailed

 

He posed as the 'perfect man' to charm women he met online before stealing their identities to borrow cash to satisfy gambling habit

 

http://www.mirror.co.uk/news/uk-news/dating-website-conman-james-whitehouse-2649381

 

 

 

'Mortgage lenders hate payday loans': How a quick money fix can ruin your chances of buying a home

 

http://www.dailymail.co.uk/money/mortgageshome/article-2480360/How-payday-loan-ruin-chances-buying-home.html

 

 

Payback from Payday Lenders

 

http://grahamemorrismp.co.uk/?p=2868

 

 

One from America,

Payday loans drop as lenders exploit loophole

http://host.madison.com/ct/news/local/writers/jack_craver/payday-loans-drop-as-lenders-exploit-loophole/article_6c0d22f2-41a5-11e3-af00-001a4bcf887a.html

 

 

Back the Charter to Stop the Payday Loan Rip-off

 

 

 

• 
  
  • 
    
  • Petition by
    Paul Blomfield MP
    Sheffield, United Kingdom
     
    

http://www.change.org/paydayloancharter

Edited October 31, 2013 by tawnyowl

[Tawnyowl]

Payday loan calculator: how monthly interest can spiral

 

Payday loans are advertised as a short-term stopgap until your next payday. But what if you can't pay them back? Each year over 2 million payday loans are 'rolled over' for another month, and the high interest rates mean monthly interest can soon spiral out of control. You can see how with this interest calculator.

On any loan, the two key things that affect the interest cost are the annual percentage rate of interest (APR) and how long you borrow for. Drag the bar below to set the APR. Then hit PLAY to see how the interest goes up each month. To compare the interest on two APRs, hit COMPARE

http://www.bbc.co.uk/consumer/24746198

 

 

Payday loans need a wealth warning

Taking out a quickfire debt can rebound on you if you try to get a mortgage later on

http://www.independent.co.uk/money/spend-save/julian-knight-payday-loans-need-a-wealth-warning-8918902.html

 

 

Check out the DBIS committee meeting on payday loans live now at http://www.parliamentlive.tv/Main/Player.aspx?meetingId=14115 …

 

Watch Live Watch From Start

 

Some good questions been asked.Really good.Legal Loan sharks on the hook.I am enjoying this.

 

 

 

Committee Room 8

Meeting started at 9.18am

Payday Loan Companies

Witnesses

 

• Consumer Finance Association, Wonga, Consumer Credit Trade Association, Mr Lender, and QuickQuid
  
• Citizens Advice, Martin Lewis, moneysavingexpert.com, Which?, and StepChange
  
• Financial Conduct Authority, Office of Fair Trading, and Jo Swinson MP, Minister for Employment, Relations and Consumer Affairs, Department for Business, Innovation and Skills
  

 

 

Payday loan “film” 12 Portraits a glorified advert

 

4 November 2013

Citizens Advice highlights failings of payday lenders, as new payday loan film is released.

 

Citizens Advice Chief Executive Gillian Guy said:

“This is nothing more than a glorified advert and is a far cry from the experience of our clients. Day in day out Citizens Advice Bureaux help people who are desperately in debt because of appalling practices of

payday

lenders.

 

“All too often lenders failed to properly check if borrowers can afford a loan and have put pressure on customers to rollover loans. People have been left without a penny in their bank account as lenders misuse continuous payment authorities. Payday lenders need to clean up their act and start treating people fairly.”http://www.citizensadvice.org.uk/index/pressoffice/press_index/press_office-20131104b.htm

 

Anyone who may read my thread may remember me saying i would release a protest video about this firm because i did not agree with their documentary which was made with money sucked out of communities in Great Britain and elsewhere.

Time issues and the sheer speed this was released,i only heard this was being made 3 weeks ago have beaten me.

I will get round to it and must admit being disappointed i have not got round to it despite having everything i need.

 

If you feel their film documentary is nothing but a glorified advert report it perhaps to the ASA

If you see an irresponsible ad for payday loans, don't stand by. Send a complaint to the ASA using our simple form: http://bit.ly/16vlDZZ

 

 

Concerned about rising payday lending? Ask your employer to provide a Credit Union savings & loans service for staff. http://www.credit-union.coop

 

 

The myth: Taking out payday loans and paying them back will improve your credit score

Main stream lenders are viewing the use of a PDL or short term loan as a negative. That at some point you have , even temporarily, had a financial hiccup.

 

Have you taken out a pay day loan - repaid it within the contractual period and now find that you have been denied mainstream lending at preferential rates, or has your mortgage application failed because in the past 6 years you have needed to find short term borrowing.. fast !

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?398164-Pay-Day-Loans-damage-to-your-future-credit-rating

 

And of course THE PAYDAYLOAN SURVIVAL GUIDE-CANCEL THOSE CPAs

Listen to this then go through the letters if you are in trouble.

http://www.consumeractiongroup.co.uk/forum/showthread.php?396982-New-payday-loan-survival-guide-by-mike-dailly-govan-law-centre.

 

Last year 1 in 5 the media said may be applying for a payday loan at Christmas.

This year 1 in 4 they say.

Next year join your credit union and their Christmas club perhaps.

Maybe make it a New Years resolution.

http://www.findyourcreditunion.co.uk/home

Edited November 5, 2013 by tawnyowl