The Mudcat Café TM
Thread #142524   Message #3286943
Posted By: GUEST,MikeL2
08-Jan-12 - 07:01 AM
Thread Name: BS: posh folk shouldn't make the laws.
Subject: RE: BS: posh folk shouldn't make the laws.
hi Al

I agree with what you say about the horrors of Payday loans.

Surely the Government know that this kind of thing is the reason why the current economic situation is caused - by people being able to borrow money that they cannot repay.

Isn't that what happened with the banks ??

There should be some protection to prevent such loans being allowed to go on.

Worse than that though is your point Al about being advertised heavily on TV. Surely this is easy to stop??

I read somewhere this week that the UK is the only Country that allows this ( tho some comments above would appear to say that isn't correct.)

Happy New Year

Cheers