Originally Posted by
Christian and Beccy
They are in the same line of business as 'Welcome Finance' etc, who charge astronomical interest rates and target their market as the vulnerable low income people that frankly are complete mugs and will go for anything that looks attractive.
Its called sub prime. As for Welcome, they're in the process of going tits up, suspended from stock market a few months ago, unable to meet the repayment on their own loan, debts stretching into billions.
As for the mightier than thou attitude of some, saying if you cant get mainstream credit etc, takes the piss.