You need to borrow some cash but these days your options are limited. Financial institutions are tight-fisted, credit cards and store accounts are notorious for hidden costs and misleading advertising and a quick loan from the payday lender can land you up to your neck in boiling hot water if you fail to pay it […]
Monthly Archives: September 2014
Making money, what makes us successful?
There is no person I know who wants to be in debt. Nobody wants to borrow money, to have to take out loans or cash advances. For some people making money is as easy as rolling off a log. Richard Branson self made millionaire and notorious for his unconventional business ethics, gives us a run-down […]
Take a break for as long as you like – a new way of working?
Richard Branson, self made billionaire and business man extraordinaire has initiated a new staff policy giving his employees unlimited leave. Mr. Branson’s immediate staff of 170 can “take off whenever they want for as long as they want”. Will this innovative idea spark changes in the way people work? Will people be inspired and become […]
Payday Lenders, short term lenders, Pawn Brokers; society need them
Despite the massive controversy surrounding the Payday lending industry,, or short term loan industry, millions of people are taking out short term loans in lieu of their next pay check. The massive outcry against the so-called unethical practices of trapping hundreds of thousands of unsuspecting people into paying extortionate interest rates and keeping them slaves […]
Educating on payday loans/ short term loans
Payday lenders have spread across the globe with their offers of short term, immediate loans, either helping those who are in dire need for the credit that banks refuse to offer, or feeding off of the poor and desperate, depending on who is looking at it and why. Most of the Payday controversy comes out […]
Confident forecast for the British economy
Mark Carney, the Bank of England’s governor spoke of a rise in wages when he addressed the TUC (Trade Unions Congress) in Liverpool on the 9th of September. In his speech, Mr. Carney gave a positive and confident forecast for the economy on the whole. During the course of next year, he predicted that the […]
Regulation and payday lenders – April Fools wasn’t so funny
Changes in the way immediate short term lenders (payday lenders) can operate in the UK On the first day of April this year the UK was up for some maybe not all too welcome changes. To start the ball rolling the Office of Fair Trading as well as the Competition Commission were to gracefully bow […]
Short term lenders in the payday industry must be doing something right
Why are short term lenders more popular than credit unions? There are approximately 400 credit unions in Britain, Scotland and Wales and approximately 2% of the adult population utilizes their services. Compared to the 46% of consumers in the USA, this statistic is very low. Why would Credit Unions not be more popular when in […]
Payday Lenders and Bishops: Codes of conduct are all bark and no bite
Codes of conduct for the payday lending industry have been outlined When it comes to the payday lenders It seems that after a couple of years of controversy and criticism from every corner, finally the promised restrictions and codes of conduct have been outlined for the payday lending industry. Some of the larger bones of […]