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Stand And Deliver (The Sharks Can Smell Blood)

October 4, 2012

sharkThe banks in the UK have a lot to answer for and the government is not much better

I have today seen nothing but adverts on the TV for instant loans from various companies with interest rates from 1470% through to 2430% and the only reason these business exist is because people are desperate as the major banks are not lending to those who need it.

I can remember advertisements on the TV sponsored by the government advising the general public not to use loan sharks and to report them to the police and the punch line is that these legal companies are charging way more than the sharks were.

We as a society will never move forward until the big guy stops sticking it to the wee guy.

It is shameful that in this society that the banks are doing very little to help and from the outside looking in the government are just as bad for allowing this disgrace to continue.

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2 Comments leave one →
  1. October 5, 2012 9:13 pm

    Right you are, and it’s the same nearly everywhere!

  2. October 13, 2012 1:43 am

    Good grief those are phenomenal interest rates.

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