another U turn by Cameron, but he's made the right decision at last
http://www.channel4.com/news/live-pr...mber-2013-pmqs
another U turn by Cameron, but he's made the right decision at last
http://www.channel4.com/news/live-pr...mber-2013-pmqs
Wonga - Legalised stealing :(
What he didnt say is what he is capping the rate to. And when.
It's ok if Labour get in you will see plenty of lending
What do you mean, IF?
Thats the downside of short term memory isnt it - what is good for an individual may not be for the good of the country, and that seems to be labours way of keeping voters happy at any cost..
Back onto the actual topic it boils my blood at how many loan companies exists - log book loans was quite a strange one - borrow against a depreciating asset - oh great idea!
About time these robbing bullying leeches were stopped.
I won't have to do as much swearing at the TV either.
Whilst I appreciate a mortgage is, to all intents and purposes, a loan and - in the VAST majority of cases - a necessary one, in order to purchase a house ... I do feel there are far, far too many people who take out loans for items that are either unnecessary, or perhaps for a commodity they could easily enough buy outright.
Car Loans, for example, are BIG business; my brother (now retired) was a Branch Manager of such an enterprise ... and, unfortunately, all too often, customers' failure to keep up with their repayments led to their vehicles being repossessed by the Company.
Hire Purchase is "as old as the hills" (to coin a phrase) but nowadays seems to be endemic ... out of all proportion, so much so, that debt levels are at an all-time high - constantly spiralling out of control - thereby causing untold miseryto millions of families who, if truth be told, can ill~afford to "splash out" a small fortune
on luxury goods in the first place.
... without meaning to appear in ANY way complacent, my personal advice is as follows:
"Never a Borrower nor a Lender be"... unless an article is truly affordable - one ought to seriously question the need for it - in other words, "cut one's cloth according to one's budget"!
Thats fair advice Arthur! Unfortunately greed, impatience and the "instant" everything we have in society today means we tend to get roped into the "I want or need it now" especially around the ease to obtain credit. But thesetake the biscuit with outrageous interest rates!
Having been at both ends of the debt scale I know where I would rather be!
Cheers
Tone
I agree Tone, as a young man, even though I was earning a lot of money at the time, the 'instant gratification' bug meant that I always spent more than I earned due to the availability of easy credit.
Additionally, I was selling credit to others as part of my work.
In the end it is up to the individual to manage their finances properly, but of course people have weaknesses, and there will always be those around ready to exploit them.
These payday loans have taken this exploitation to an entirely new level though...to the point of treating 'clients' as helpless prey.
These days, as with Arthur, if I haven't got the money to pay cash, I don't buy it...and that includes cars.
If people choose to judge me on what possessions I have, well that's their problem not mine. At least everything I do own is paid for, I haven't been overdrawn one penny for at least the past 10 years, and I can live a fairly stress-free life.
How true that is! The only individuals this government is interested in are the rich. Back on the topic these loan sharks need addressing the rate needs to be brought more in line with the banks interest rate. These loans have been about for a long time.Originally Posted by tone
both the Tories and Labour are just as bad as each other
dave's done another U turn, on cig packets now
That we can agree on.
both the Tories and Labour are just as bad as each other
dave's done another U turn, on cig packets now
As far as cigs go....just ban them totally. Yes there'd be a bit of a black market (already is anyway for the smuggled ones), but most would thank them for it.
Can we afford to ban them
Tax revenue from tobacco
Excise VAT Total
£ billion
1990-91 5.6 1.1 6.8
1991-92 6.3 1.5 7.8
1992-93 6.0 1.5 7.6
1993-94 6.5 1.6 8.1
1994-95 7.4 1.7 9.1
1995-96 7.3 1.7 9.0
1996-97 8.0 1.8 9.8
1997-98 8.4 1.8 10.1
1998-99 8.2 1.8 10.0
1999-00 5.7 1.8 7.5
2000-01 7.6 1.8 9.4
2001-02 7.8 1.8 9.6
2002-03 8.1 1.9 9.9
2003-04 8.1 1.8 9.9
2004-05 8.1 1.8 9.9
2005-06 8.0 1.9 9.8
2006-07 8.1 1.9 10.0
2007-08 8.1 1.9 10.0
2008-09 8.2 1.8 10.0
2009-10 8.8 1.7 10.5
2010-11 9.1 2.0 11.1
2011-12 (p) 9.5 2.6 12.1
Professor Mike Kelly, Director of the NICE Centre for Public Health commented: “Smoking is the most important health problem facing the NHS. It’s the leading cause of premature death in England – nearly 80,000 lives are lost each year due to smoking. Treating smoking-related illnesses costs the NHS around £2.7bn each year, and costs society an estimated £13.7bn a year. So it’s a no brainer: we must deal with the problems caused by smoking.”
http://www.onmedica.com/newsarticle....7-27fd6b148635
Tax revenues.
The usual argument/excuse.
Yes, of course we can EASILY afford it. Priorities.
'Where there's a will there's a way'...as us smokers are constantly being told.
Too rightThats the downside of short term memory isnt it - what is good for an individual may not be for the good of the country, and that seems to be labours way of keeping voters happy at any cost..
I don't smoke but if people want to leave them be, if not tell all the fatties to stop eating so much, tax sugar etc., Ban alcohol it causes more problems and cost is huge to the Country!
Bloody Nanny state no matter who is in power
I wonder how many of those in debt to Wonga outfits combine that money with their benefit payments to buy such essentials as 64 inch Samsung TVs , I Phones, X Boxes etc.Too right
I don't smoke but if people want to leave them be,if not tell all the fatties to stop eating so much,tax sugar etc.,Ban alcohol it causes more problems and cost is huge to the Country!
Bloody Nanny state no matter who is in power
No doubt Les you'll be ferrying a fair few of them back from Currys to their tax payer subsidised houses in the next few weeks
Too right Dedworth.
Irresponsibility rewarded, as usual.
Plenty of them no doubt,home after shopping to watch Jeremy Kyle-easy life for some,Labour voters all the wayI wonder how many of those in debt to Wonga outfits combine that money with their benefit payments to buy such essentials as 64 inch Samsung TVs , I Phones, X Boxes etc.
No doubt Les you'll be ferrying a fair few of them back from Currys to their tax payer subsidised houses in the next few weeks
You wouldnt refuse the fare though would you Les to discourage them?
Labour - The Party for Spongers, Parasites, Illegal Immigrants & CriminalsPlenty of them no doubt,home after shopping to watch Jeremy Kyle-easy life for some,Labour voters all the way
Cameron has got to look after his own interests Crosby and co.Tax revenues.
The usual argument/excuse.
Yes, of course we can EASILY afford it. Priorities.
'Where there's a will there's a way'...as us smokers are constantly being told.
http://www.mirror.co.uk/lifestyle/he...ameron-2859679
Talking about Crosby & Co Hypocrite Millipede has just hired a bargain basement Aussie spin doctor who's last job was with recently ousted Oz Labour Premier Kevin Rudd - you couldn't make it up
Labour call in Australian strategist to advise on rightwing media attacks
Labor strategist Bruce Hawker to address negative campaigning as Ed Miliband accuses David Cameron of mud-slinging
http://www.theguardian.com/politics/...htwing-attacks
He dont really need him Ded Ed has already won the next election (bedroom tax)
Your forgetfulness is rampant tonight Andy - if you recall the other week we were on about Labour MP's who couldn't be arsed to debate and vote the hated bedroom taxHe dont really need him Ded Ed has already won the next election (bedroom tax)
A slight aside but Labour run Lambeth in London are evicting scores of OAPs from social housing
http://www.lambethunitedhousingco-op.org.uk/
more rank Labour Hypocrisy for you
Have you ever thought about the reason Labour didnt debate the bedroom tax Ded. Its called letting the tories hang themselves.
Thanks for explaining Andy........ I thought it was not standing up and being counted over something you hate and despise. Shows how wrong I could be, must be a new tactic for HM Opposition remaining silent on everything you oppose. There's always BBC Biased Question Time I guess.Have you ever thought about the reason Labour didnt debate the bedroom tax Ded. Its called letting the tories hang themselves.
Any thoughts on the Lambeth hypocrisy ?
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