[BITList] Fwd: Regulator offers ‘feeble excuses’ for payday loan failures | Siobhan Kennedy on Business

[x50type]

they should be banned but profits are huge, consequently the lenders lobby has plenty of money to pay off rotten politicians and make their own rules or bend existing ones.

average interest in the US on pay day loans is about 600% – unbelievable.

ct


From: M.j. Feltham 
Sent: Friday, May 31, 2013 4:11 PM
To: BIT List 
Subject: [BITList] Fwd: Regulator offers ‘feeble excuses’ for payday loan failures | Siobhan Kennedy on Business

It's a great pity we don't have more Credit Unions in the UK.  The number of so called Pay Day Lenders is increasing daily !

Mike
------------------------------------------------------------------------------------------------------

http://blogs.channel4.com/siobhan-kennedy/2013/05/31/oft-offers-feeble-excuses-mps-payday-loan-failures/
_______________________________________________
To unsubscribe from this email List, send an email to:
BITList-unsubscribe at lists.bcn.mythic-beasts.com

BITList mailing list
BITList at lists.bcn.mythic-beasts.com
http://lists.bcn.mythic-beasts.com/mailman/listinfo/bitlist

-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.bcn.mythic-beasts.com/pipermail/bitlist/attachments/20130531/903f1468/attachment.htm