Time again for Credit UnionsComments Off on Time again for Credit Unions
At last some viable and acceptable competition for the loan sharks (those who are politely known as ‘pay day loan companies’). These bottom feeders that prey on the weakest in society are designed to make handsome profits out of usury. They have been allowed by a weak and pathetic government to get away with charging eye watering rates for short term loans aimed mostly at those least able to manage them. Such exposed people do not need more paraffin to enflame a fire; they need help to put the fire out.