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apparently according to various news reports, 15 lenders heave left the payday market ahead of the oft/fsa deadline to sort out there business practices.

 

Does anyone know what ones have closed up shop?

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Music to my ears! Its about time this lot were reigned in. If EVER the time was to take them to task its now. So lets all keep the momentum going. I am DYING to know who is out. Anyone?

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It does get you wondering.

Why did they give up their licences.

Why would they give up,when they have been hoovering so much money from people.

Sucking so much money from accounts.

Why would you give up a golden pie.

Have they been acting improper.

Are there possibilities of further action against them

Compensation for their victims.

Would you give up

Why Why Why.

Edited by tawnyowl
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These will probably all be small PDLs or subsidiaries of the larger ones - I doubt it will make much difference and those PDLs causing the most damage will remain !

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Like the streams leading to the river that leads to the sea.

The sea of money that is taken by the predators.

That have targeted so many communities and people

In other words i suppose more victims for the sharks that are left.

I suppose some of them are buying more gold for their golden teeth.

Some of the sharks will be pleased.

Cap them or ban them

Rid our towns and cities of the predators.

Maybe some think i am going to far.

Have your say.

Nice thread paxon.

Nice to meet you.

 

Quote ocelot o411

Music to my ears! Its about time this lot were reigned in. If EVER the time was to take them to task its now. So lets all keep the momentum going. I am DYING to know who is out. Anyone?

 

Been wondering myself.

 

15 Lenders gone

Rejoice i say.Rejoice.

Maybe time for me to calm down now.

A pleasant evening to you all.

Tawnyowl

Edited by tawnyowl
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As I have continually said, one licence per trading name shoud put a stop to this market.

 

You have sillygirl 1.

That is true.

How much do these licences cost.

Perhaps to payday lenders the first licence i will guess 2000

When they try for offshoots.

Get greedy.

The 2nd licence 2 million.

That would stop them in their tracks.

Perhaps.

Or would they just get family members to apply for them in their names.

Edited by tawnyowl
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