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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to campaign for easy credit adverts to be outlawed?

2 replies

Chil1234 · 08/01/2011 09:01

I'm not a big watcher of daytime TV but noticed over the holidays that adverts for easy credit (which I thought had disappeared in the credit crunch) are back. And it's the usual soft-soap, sunshine lighting, friendly voice, 'just pick up the phone', 'no questions asked' routine. Always an actress features, smiling broadly as her money problems 'disappear'. Never any mention of paying anything back. Just the legal minimum size printing of the interest rate superimposed at the bottom of the screen

It's blatant exploitation. Poor women, desperate for cash, are being targeted AGAIN by con-artists disguised in legitimate financial businesses clothing. It's galling because we've been here before and we know the misery, the family break-ups and suicides that result.

Come on MN-ers. If a fictional soap storyline is worth campaigning over, surely protecting real-life vulnerable women from real-life loan sharks is as well?

OP posts:
Pablop · 08/01/2011 09:07

YANBU think it's disgusting that these sharks are allowed to operate. The payday loans are the worst, typical APR 2,700%. Also cannot stand the "have you had an accident", blame and claim adverts either.

LovePinkBitsOfMyHorse · 08/01/2011 09:08

I would like to kill those door to door ones with their 700000000% apr, they preyed upon my sister who lives in so-called supported accommodation (mh) and every time she just about paid off a loan they persuaded her to take another. She was a sitting duck really.

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