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Welcome to Wonga World

category bristol | community | opinion/analysis author Wednesday January 16, 2013 16:23author by The Saint-Just Mob Report this post to the editors

712492_photo_1.jpg

With the onslaught of the slashing of living

standards and the government cuts agenda,

( see BADACA website for the affects in Bristol)

debt increasingling raises its viscious head.

The loan firm Wonga has a APR of 4,214% and

the number of pawn shops has risen by half in

the last five years to 10,000 shops.

The writer Ambroise Bierce was spot on when

he wrote " Debt is an ingenious substitute for

the chain and whip of the slave holder"

 

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Comments (32 of 32)

 

 #   Title   Author   Date 
 1   Wrong Again     Karen Trean    Thu Jan 17, 2013 09:44 
 2   Not as funny as they used to be.     Boyd    Thu Jan 17, 2013 09:47 
 3   Nice One!     Boyd    Thu Jan 17, 2013 11:27 
 4   Response to Boyd     The Saint-Just Mob    Thu Jan 17, 2013 11:51 
 5   Irrelevant     Bob D    Thu Jan 17, 2013 12:14 
 6   Think about the children     stuffit    Thu Jan 17, 2013 12:39 
 7   @Bob D     Boyd    Thu Jan 17, 2013 15:33 
 8   Some countries set a max APR     JH    Fri Jan 18, 2013 20:31 
 9   LOL @ JH     duh    Fri Jan 18, 2013 21:42 
 10   US     The Saint-Just Mob    Sat Jan 19, 2013 00:36 
 11   What if I do not want to change the world?     JH    Sat Jan 19, 2013 06:20 
 12   "What if I do not want to change the world?"     Clives mum    Sat Jan 19, 2013 09:44 
 13   In response to the comment headed US     The Saint-Just Mob    Sat Jan 19, 2013 12:08 
 14   Do you know?     Divot    Sat Jan 19, 2013 12:53 
 15   A response to Divot     The Saint-Just Mob    Sat Jan 19, 2013 14:53 
 16   @ The Saint Just Mob     JH    Sat Jan 19, 2013 16:21 
 17   whiners, winners and losers     systems    Sat Jan 19, 2013 22:44 
 18   Better than loan sharks     Realist    Mon Jan 21, 2013 19:01 
 19   Not as good as a     CUfan    Mon Jan 21, 2013 20:03 
 20   What !!!!!!!!!!!     4000% APR    Mon Jan 21, 2013 20:46 
 21   To 4000% APR     Anonymous    Tue Jan 22, 2013 00:18 
 22   Hard to see how 4000+% could be any more exaggerated     £800 suit.    Tue Jan 22, 2013 14:03 
 23   The percentage is immaterial     Owen    Tue Jan 22, 2013 15:45 
 24   Yes - of course we need legislation to protect the stupid!     Legislate?    Tue Jan 22, 2013 19:31 
 25   For James G     Will    Wed Jan 23, 2013 12:41 
 26   Bristol Credit Union     Poor-girl    Wed Jan 23, 2013 21:30 
 27   @ Poor-Girl     The real JH    Thu Jan 24, 2013 06:55 
 28   oooooops!     Poor-girl    Thu Jan 24, 2013 08:15 
 29   Worrying trend     Leo    Thu Jan 24, 2013 13:06 
 30   Shelter     One day to payday    Thu Jan 24, 2013 17:23 
 31   Depends on your views and definitions leo     Acco    Thu Jan 24, 2013 17:32 
 32   Not completely stupid     Always skint.    Fri Jan 25, 2013 11:11 


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