Pay Day Loans Repayment Vs Rent | Page 4 | Discuss

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Pay Day Loans Repayment Vs Rent
20/03/2012
3:49 pm
Paul Routledge
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Hi Lyndon,

Did you listen to the radio show Jackie Peacock referred to the tenants as consumers..consumers what do they consume exactly "Floor space maybe". I think she got confused with them shopping in M&S for a shirt.

I was troubled when she said we as landlords should be sensible and rely on the methods we have at hand to make sure our applicant tenants are good but said that we should not have the sites like ours that allow this to happen Durrrrr!

Jackie also said that obviously stopping bad tenants to protect good tenants from bad neighbours was good but not for a landlord to potect himself from a bad tenant Double Durrrrr!  and then last but not least she said that the law was weighted against the tenant and not the Landlord .. Triple Durrrr!

Maybe she wants to see how many tenants owe me money after they have paid Wonga.com and see who is in the driving seat.Yell

 

Paul Routledge CEO
Tenant Referencing UK.Com
21/03/2012
6:18 am
gigiN
Guest
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Some payday loan lenders give too high interest rates that rob poor people of more money than they're lending. I am a working student and I am having a hard time budgeting everything when there often are sudden needed expenses. I really hate hearing about these lenders that say they will help yet unknowingly they've got some hidden agenda. I was really in need of a student-friendly loan and I'm glad to have come across Payday Loans No Faxing that are trusted and are really willing to help people like me. I'm glad I have this good payday loan that offers reasonable interest.

21/03/2012
8:51 am
Paul Routledge
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gigiN said:

Some payday loan lenders give too high interest rates that rob poor people of more money than they're lending. I am a working student and I am having a hard time budgeting everything when there often are sudden needed expenses. I really hate hearing about these lenders that say they will help yet unknowingly they've got some hidden agenda. I was really in need of a student-friendly loan and I'm glad to have come across Payday Loans No Faxing that are trusted and are really willing to help people like me. I'm glad I have this good payday loan that offers reasonable interest.

Hi GigiN,

I am not sure any pay day loan is a good thing and especially not for students. I have my suspicions about you being a student and not the loan company trying to promote your products on this article so I have broken the link to the site.

 

Paul Routledge CEO
Tenant Referencing UK.Com
22/03/2012
4:13 am
PaulBarrett
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Paul Routledge said:

Hi Lyndon,

Did you listen to the radio show Jackie Peacock referred to the tenants as consumers..consumers what do they consume exactly "Floor space maybe". I think she got confused with them shopping in M&S for a shirt.

I was troubled when she said we as landlords should be sensible and rely on the methods we have at hand to make sure our applicant tenants are good but said that we should not have the sites like ours that allow this to happen Durrrrr!

Jackie also said that obviously stopping bad tenants to protect good tenants from bad neighbours was good but not for a landlord to potect himself from a bad tenant Double Durrrrr!  and then last but not least she said that the law was weighted against the tenant and not the Landlord .. Triple Durrrr!

Maybe she wants to see how many tenants owe me money after they have paid Wonga.com and see who is in the driving seat.Yell

 

Paul This lady was obviously very confused about how the PRS works.

Perhaps you should invite her to LRS Towers for an educational and discussion visit.

She so clearly misunderstands the issues that perhaps you could help her out; this as she clearly  needs ALL the help she can get!

I view my tenants as my clients; never thought of them as consumers!!!?

22/03/2012
6:09 am
Paul Routledge
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Hi Paul,

 

It just goes to show what different people perceive to be right, I had the first person in 2 years and 1000's of members and who joined us on Sunday called  yesterday and say her elderly father who had listened to the programme had told her the site and all sites like this one were wrong and he agreed with Jackie Peacock and she should cancel her membership.. I hope his words of wisdom don't return to haunt him when he needs to shuffle around there to help her with the eviction.

What's the saying "You can lead a horse to water"Yell

 

Paul Routledge CEO
Tenant Referencing UK.Com
23/03/2012
5:22 am
kate willson
Guest
Guests

aha! I understand you, one thing to be consider, you must first dare to know the process or procedure of lending  and paying money on payday loan, more of that, you must also know the regulations. a cash advance for instance is helpful somehow most especially in times of troubles or financial difficulties. Anyway,payday loans aren’t like mortgage . They are a specific type of unsecured personal loans for small amounts and was made for people who need temporarily financial assistance. You can get more information at: (Link removed)

23/03/2012
6:43 am
PaulBarrett
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kate willson said:

aha! I understand you, one thing to be consider, you must first dare to know the process or procedure of lending  and paying money on payday loan, more of that, you must also know the regulations. a cash advance for instance is helpful somehow most especially in times of troubles or financial difficulties. Anyway,payday loans aren’t like mortgage . They are a specific type of unsecured personal loans for small amounts and was made for people who need temporarily financial assistance. You can get more information at: (Link removed)

 

Will you please stop trolling about payday loans, we do not neeed a sales pitchas to the efficacy or not of payday loans, stop posting about them you idiot.

We can all decide what we think about payday loans without your stupid sales pitch.

23/03/2012
6:47 am
PaulBarrett
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Paul Routledge said:

Hi Paul,

 

It just goes to show what different people perceive to be right, I had the first person in 2 years and 1000's of members and who joined us on Sunday called  yesterday and say her elderly father who had listened to the programme had told her the site and all sites like this one were wrong and he agreed with Jackie Peacock and she should cancel her membership.. I hope his words of wisdom don't return to haunt him when he needs to shuffle around there to help her with the eviction.

What's the saying "You can lead a horse to water"Yell

Also proves that with age you don't always have wisdom!!Laugh

28/03/2012
11:52 am
Emma George
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Great news: Football players are insisting Wonga ads are removed from the sidelines Laugh at last the message is spreading - YOU KNOW WHERE YOU HEARD IT FIRST Smile

 

http://www.guardian.co.uk/mone.....b-websites

28/03/2012
12:17 pm
Paul Routledge
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Yeah baby,Laugh

 

Paul Routledge CEO
Tenant Referencing UK.Com
28/03/2012
12:50 pm
Cedric
Golders Green
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Read the article in The Guardian and very appropriate that Bob Ward who is leading this campaign to remove wonga ads from football grounds is a Northampton fan - cobblers to wonga.com indeed

19/04/2012
9:55 am
Emma George
Guest
Guests

AT LAST!!  This week's EastEnders is featuring a storyline on Bianca, for those that don't watch the series, a single mum of many, who like the mass has found herself in dire straits having taken out 'legal loanshark' type loans.  She is now unable to pay rent or feed her children.  In one particular heart breaking scene the children go to the kitchen to make breakfast only to find empty cereal packets.. 

 

As a nation we love our soap operas, EastEnders being one of the most popular - so my hat is off to the script writers for including the perils of the legal loansharks - and seriously hope this drives home the message!!!!

19/04/2012
11:23 am
Cedric
Golders Green
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Heaven help anyone who gets tied in this sort of odious loans.

I agree hats off to the scriptwriters who have brought this to the attention of the masses and I only hope that the redtops take this story to heart and ensure that the problem with Payday loan companies remains firmly in the Public eye.

19/04/2012
11:37 am
Emma George
Guest
Guests

Totally agree Cedric...

 

Was on Annual Leave last week with the children & like most stay-at-home Mum's had the usual drivel of daytime TV on in the background... Shocking to see that during every break of prime time viewing such as Jeremy Kyle etc adverts consisted mainly of 'payday' loan companies.  

With the notion that a % of JK viewers are unemployed, on benefits and of a certain age group - this speaks volumes.... I just find it highly irresponsible to be honest..

19/04/2012
11:45 am
Cedric
Golders Green
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Emma I have to agree with you.  Some of the lesser known Freeview or Sky Channels have even more of these Payday loan companies advertising and you wonder if they would exist but for this "blood" money.

It's a funny old world in my opinion when we now hide Cigarettes from public view at supermarkets and still allow these odious Companies into our living room each day to target the vunerable in our world.

Rant over !

19/04/2012
1:15 pm
Emma George
Guest
Guests

Extremely good point there! Is totally nonsensical - covering cigarette counters but allowing a barrage of irresponsible lending.... 

20/04/2012
1:51 pm
Amie Evans
Guest
Guests
I will never be tied into one of those loans, a guy from Provident called at my house once, the way they try and sell these loans to people is scandalous, especially around Christmas time where many people need a little extra money. He was saying oh have £100 and when you pay that we will increase your limit to £200 etc. I kindly told him if I couldn't afford it now I doubt I could afford it in the future. He was an old man, but very deceiving.
20/04/2012
2:43 pm
SamiiB
Somerset
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Well Cedric, I tweeted your reply;

"..hats off 2 the scriptwriters who have brought this to the attention of the masses.."> < @bbceastenders

& she replied:

@LandlordRef @bbceastenders yes really proud to be part of it I hope it does the cause justice.x Surprised Laugh Cool

Thanks for your feedback Amy, such a shame the majority of the population doesn't have your common sense. Frown

Our lettings team have tenants coming in all the time in tears because they can't pay their rent because they've taken out one (or a couple) of these disgraceful loans and are now being hounded by them and have no idea what to do next.

...Maybe they should attach them to a statement of wealth?

Quite frankly anyone who takes out one of these loans cannot pay them back in reality and something drastic needs to be done by this government, instead of **** ******* **** **** ******** ******* ***** **** **** **** ***** ******* ********* ******** *** **** ****** ********** ************ **** *********** *************-footing around the real issues this country has and focusing on trivial matters, e.g. hiding cigarettes from public view in supermarkets...!

Lets face it; the legislation to stop smoking in public places has backfired because every time you walk out of a hotel, office block, restaurant, etc you walk into a wall of smoke!
A friend of mine has a pub opposite where they live and at 11 at night there isn't anyone in the pub, they're all outside smoking, making noise, etc! Yell

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21/04/2012
6:56 am
Paul Routledge
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I have had another tenant in this week that cannot meet the repayments & is now worried about the debt collectors calling. It is quite simple if you need to borrow money before pay day you will probably need to borrow double next month to pay it.

 

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21/04/2012
11:07 am
Cluntiesmate
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raychard said:

i'll whole-heartedly support the cause if you receive enough support samii!

the fundamental problem with our country is the shameful way our society values greed over humanity.

we need a change ASAP, before it's too late!

My 24 year old Son has just enquired about buying his first home. A property he wanted cost £125,000. An independant mortgage company would only offer him £95,000 So in my eyes he couldn't afford it? However, when he raised this with the selling agent they suggested he could talk to thier mortgage advisor and he did. They offered him £95k mortgage but gave him  20%of the purchase price as an interest fee loan deffered for 10 years so he afford could pay the extortionate price for the property.

My question to the members is:-

1. What will happen when it comes for him to sell. Where would a second purchaser raise the extra £30k when this offer is not available, it is a two bed starter home.

Is this deal just offsetting another property crash for 10 years,

Is society, driven by Government and developers, leading First time buyers to the slaughter of never repayable defered debt which can effect them for the rest of thier lives.

I think the answer to the above is just don't do it!

Talk about leading the inexperienced into a life of debt. Where will this end?

Thanks people Kev

 

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