The number of people taking out expensive payday loans has quadrupled over the last four years, a consumer watchdog has said. . Follow us on twitter at twitter.com .
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Wow he just lied right to her face….. the reason they are doing it is because they don’t have enough money and it’s quick cash.
If you are gullable enough to believe you have a great deal on borrowing the money………press the “idiot button now”…….if not….do without untill you can afford what you want. It cant be simpler.
Nothing changes.
Better to borrow at 500% interest? Listen to that devil speaking.
What good reason is there to make a short term loan? Isn’t for people with drug problems and gambling problems? A sensible loan is meant to start a business and other investments and once the investment shows a return, you pay back the loan. Short term loan by their very nature seem highly suspect, for the borrower and the lender.
Wouldn’t you have loved to hear the reporter ask the man: Wouldn’t it be best for people to learn to live on a budget and not have their expenses vary so much that they make the mistake of taking out a loan that will cost them much more in the long run?