Morally wrong ?
A Finnish company is now also going to operate in Holland. They provide small loans, requested via internet or SMS. The first loan takes up to 24 hrs, but after that you can get other loans within a few minutes.
But check out the costs: you pay 25% of the loan amount as a handling fee.
Surely people who need short term, small loans are precisely those who most likely to end up spiralling further into debt as the costs add up ?
Or should we just say "f**k 'em - stupid is as stupid does ?"
Posted By: Steve in Holland on August 23rd 2007 at 12:30:05
Message Thread
- Morally wrong ? (General Chat) - Steve in Holland, Aug 23, 12:30:05
- Nothing new - door to door loan firms have been (General Chat) - Arizona Bay, Aug 23, 12:38:52
- We saw from reps from a window-to-window loan firm the other day. It was like a cross (General Chat) - malkybarkid, Aug 23, 12:43:51
- Nothing new - door to door loan firms have been (General Chat) - Arizona Bay, Aug 23, 12:38:52
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