Should the OFT have allowed loans at rates of 2,500% a year?
Report gives payday loan companies green light as calls grow for mainstream lenders to offer more low-cost credit
By Rosanna Spero
Saturday, 26 June 2010
Hurrah for the 2356percent campaign!
Three cheers for The Independent for covering it!
And no, the OFT should damn well not have allowed loan rates of 2,500% a year...
However, a big fat #WTF goes to Google (click the article link) for persisting with sponsored links next to content of this kind for logbook and payday lenders not to mention that old chestnut, writing off your debt.
Google - do you seriously think THIS government has funds to repay our personal debts?
Trend it to end it - #bAdsense.