Romantic Robot Working on it.

11:41 Sat 12 Feb 2005

Provident Financial: Scum

Filed under: News — 11:41 Sat 12 Feb 05

“A new credit card aimed at millions of low-income families is to charge interest at up to 70%”

What ?
Some greedy execs sat around a table and wondered not just how they could enrich their company, but how they could rip off the poorest of our country. They are the easiest to manipulate, the easiest to screw with, the easiet to have no moral conscience about, the easiest to exploit. And then they wondered how to wrap it all up in some sort of “publicly acceptable package” – I await their announcement that they will only charge 50% after reviewing things.
Heartless bastards – that’s the people running this company. Complete con-merchants.

Les Stillwell (head of the band of thieves) – you make me want to puke, you really do.

4 Comments

  1. That is disgusting. It’s loan-sharking made legal.

    Looking at the figures they get paid, I doubt they really give a toss what they are doing to the people most vulnerable. Evil bastards.

    Comment by cjp — 18:32 Sat 12 Feb 2005 @ 18:32 Sat 12 Feb 05

  2. Test

    Comment by Mark — 00:44 Tue 15 Feb 2005 @ 00:44 Tue 15 Feb 05

  3. Nobody makes poor people take the loans. They are fully aware of what it means and what they have to pay back, it says on everything that they are given and its not that small print.

    Comment by kirstie Bridgstock — 11:13 Tue 15 Feb 2005 @ 11:13 Tue 15 Feb 05

  4. Unless the agreement they sign includes, in 96pt, bright red type, “Abandon hope, all ye who enter here,” the applicants cannot be said to be fully informed of the risk.

    Nobody makes poor people take the loans.

    Ew, kirstie. Just… ew.

    Comment by pericat — 01:44 Wed 16 Feb 2005 @ 01:44 Wed 16 Feb 05

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