This morning I read that one in four of us disguises damaged property when trying to sell. Last week it was bogus insurance claims; the week before, an increase in fuel thefts. Despite the hype around our lack of financial capability, the maths of a scam is not beyond us. Why is that?
The Daily Mail can rant all it likes about the 30 acne suffers who are too sick to work, yet the individual scams - persecuted or real - are nothing compared to the widespread abuse of welfare by so called competitive markets.
Take our money (as they do). Any chance of clearing a much needed cheque in the next ten days? No way!
With the odds on unauthorised charges from an inaccurate balance stacked against us, the market for managed accounts, helping us to pay in advance for bankers doing their job, is created. A Bank Holiday? You're damned right it is!
And what of our homes, now rented by so many? It is small government indeed that caps Housing Benefit without cutting back on the profiteers who charge four times a mortgage payment for once social housing. Here are your benefit scroungers, guv!
Fall short with utility payments and we're slapped on a meter, complete with debt from charges for stopped direct debits. Mail order firms take payments on a four weekly cycle, so why not switch essentials to accommodate unemployment or ill health? No wonder we're "confused".
Likewise, the 1985 Transport Act cuts more of us off - encouraged to buy, but unable to sell 24/7, when the last bus home leaves at six. DH Lawrence enjoyed more trains than we do today - ironic, when you live in the East meets West Midlands, as I do, and have none.Image: Rawich / FreeDigitalPhotos.net
Want a say in how we do things?
For £1 a year, Zero-credit membership
is open to anyone, aged 16 or over
with personal experience of borrowing.
Alternatively, if you're a business, why
not support our Research & Development?