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These 54 comments are related to the topic:
Wonga ordered to pay £2.6m compensation for fake debt firm letters

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Replies: 54
By:
Dr Crippen
When: 25 Jun 14 19:49
When a Wonga loan is paid back using fraudulent information Wonga can involve the police but refuse to do so.

Pay a loan back using fraudulent information?
What are you on about?
By:
john92
When: 25 Jun 14 20:01
Criminal gets a loan. Criminal pays back loan using stolen details due to Wonga's slack procedures. Victim claims gets money back from bank. Bank claims money from Wonga. As Wonga are now the ulitimate victim the onus is on them to report the fraudster. They do not. Simple enough?
By:
ebulGery
When: 25 Jun 14 20:27
I don't think Wonga acted right here

but it disturbs me we use compensation to deal with this
the only thing we are doing is creating a society of mendaciousness and greed , we all pay for this

aside from those who grab compensation
the net result will be people will have to pay higher interest and find it harder to get loans
including pay day ones
By:
ebulGery
When: 25 Jun 14 20:31
I don't mind Wonga being fined for this

or people being paid back any extra expenses they incurred because of this, because that is fair

but compensation, this harms us so much, we should dump it
By:
stewarty b
When: 25 Jun 14 20:38
stewarty, now you're pretending that don't know the difference between a civil offence and a criminal offence.


How low can you sink into the quicksand you're in? Where is the pretending?

I'm well aware about the difference between the two.

Let me educate you.

If a person who is charged with  a criminal offence in the UK, that person can get as much legal aid as required.

However, if a person is taken to court due to a civil matter, that person is only entitled to legal aid for advice only.

That's a huge difference. But let's not let not go off the original topic. The bottom line is these 'companies' are nothing more

than parasites, which I think you would agree with?
By:
ebulGery
When: 25 Jun 14 20:40
nothing more than parasites, you mean pay day loan companies
then where do you suggest people get money from if they need it, if they no security
By:
stewarty b
When: 25 Jun 14 20:47
Oh dear god almighty, ebulGery has poked his nose in.

I will answer you only one time ebul....

then where do you suggest people get money from if they need it, if they no security

It's simple. They don't get loans, just like back in the 50s and 60s. (unless they have anything to pawn...)
By:
ebulGery
When: 25 Jun 14 20:48
Oh dear god almighty, ebulGery has poked his nose in.Laugh

welcome back starvation
By:
ebulGery
When: 25 Jun 14 20:50
I will tell you exactly what people will do
they use the back street loan sharks
people have to pay up, or they get things like their kneecaps broken
By:
ebulGery
When: 25 Jun 14 20:55
Actually pay day loans are not a bad idea
providing there is a maximum interest rate by law, and we ban unethical practices
but their rates have to be fairly high, a considerable number of people never pay them back
By:
A_T
When: 25 Jun 14 21:34

It's clear what legislation is required.

Simply make it a criminal offence to make a false declaration in order to obtain money from a firm of lenders.

Sorted.


it would put the pay-day loan companies out of business so yes a good idea.

By:
ebulGery
When: 25 Jun 14 22:08
you are wrong, there is nothing wrong them

some people always live hand to mouth....that will never change
as long as they are properly controlled they are all right....fake solicitor's letters, are of course wrong
By:
ebulGery
When: 25 Jun 14 22:08
only my opinion, I accept others differ
By:
Cobblaz
When: 25 Jun 14 22:10
"We are not here today to talk about individuals." Okay, then, let's come back tomorrow and talk again.
By:
ebulGery
When: 25 Jun 14 22:15
????????
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