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  • #1

    Council blocks payday sites to residents

    Council blocks payday sites to residents

    This is a duplicate of the Blog Entry made on 26th June 2013 19:25.

    Cheshire East Council has blocked access to payday loan websites on its public computers. The local authority said its cabinet agreed to restrict...

    Click to Read More...
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    Tags: advertising, block, blocked, cfa, chief executive, claim, companies, complaints, consumer, consumers, council, credit, debt, finance, finances, financial, leeds, lenders, lending, loan, manchester, online, payday, payday lending, payday loan, pdl, residents, websites
  • #2
    Re: Council blocks payday sites to residents

    well done

    Lets see if the bigger ones follow suit, Leeds, Liverpool, Gtr Manchester etc
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    • #3
      Re: Council blocks payday sites to residents

      But Russell Hamblin-Boone, chief executive of the Consumer Finance Association (CFA), said that the council’s decision to block payday lending sites is “concerning”.

      He added: “The council is effectively denying choice to local residents without fully understanding either the short-term lending industry or the way people are managing their finances in 2013.

      If that was the case you would not have this:

      Payday lending complaints rocket 83%

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      • #4
        Re: Council blocks payday sites to residents

        Originally posted by pompeyfaith View Post
        But Russell Hamblin-Boone, chief executive of the Consumer Finance Association (CFA), said that the council’s decision to block payday lending sites is “concerning”.

        He added: “The council is effectively denying choice to local residents without fully understanding either the short-term lending industry or the way people are managing their finances in 2013.

        If that was the case you would not have this:

        Payday lending complaints rocket 83%
        Which just shows the CFA for what they are - a self serving bunch of buffoons led by one Hamblin-Boone.

        I would suggest that HE is the one who doesn't fully understand the 'short-term lending industry'.

        He CANNOT argue that consumers have a choice when anyone who has taken out a payday loan is immediately rejected by mainstream lenders as they claim this shows they were in 'financial distress'.

        So simple fact Mr Hamblin-Boone is that PDL companies actually RESTRICT choice for those that fall for their glossy advertising without looking at the consequences.
        "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."

        The consumer is that sleeping giant.!!


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