Re: Consumer TV Series on television
This has been discussed in various forum groups and the general consensus is that there is a need for credit to those that cannot obtain it elsewhere. Point is, apparently the public actually want payday lenders etc to exist.
It's a weird one but it seems they'll be with us for a while - the OFT actually back a lot of their principles, it's sickening but then again what if they removed all PDL's - how would people that otherwise would not get credit, be able to get that extra few quid for an emergency bill payment or whatever?
I hate the scum, but can also see why there is a need for them to exist, albeit I wish they were more capped and regulated, I fear doing so might make them pull out altogether....
Its a catch 22 sadly/
This has been discussed in various forum groups and the general consensus is that there is a need for credit to those that cannot obtain it elsewhere. Point is, apparently the public actually want payday lenders etc to exist.
It's a weird one but it seems they'll be with us for a while - the OFT actually back a lot of their principles, it's sickening but then again what if they removed all PDL's - how would people that otherwise would not get credit, be able to get that extra few quid for an emergency bill payment or whatever?
I hate the scum, but can also see why there is a need for them to exist, albeit I wish they were more capped and regulated, I fear doing so might make them pull out altogether....
Its a catch 22 sadly/
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