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Still don't quite get how advertising their perfectly legal business is preying on the vulnerable. I'd be interested in seeing some stats on where the majority of the money they lend goes but I would imagine that's not freely available. Their service, the amounts they lend and the high charges they levy literally couldn't be any easier to understand; what are they concealing or misleading people with? If the adverts are inappropriate then the ASA should be doing something about it btw. Otherwise, people clearly believe the charges are acceptable or they wouldn't be agreeing to them. Or are we saying that people are so fucking dense that they need protecting from their own thought processes and decisions?

 

Wonga and the like are obviously charging as much as people are willing to pay. Ultimately what's the difference between doing what they're doing and Apple charging £529 for a phone that costs them £129 to make? Or Nike charging £100 for a pair of trainers that costs them £5 to make? Where do we draw the line between a business making a fair profit and being immoral?

Sums up my opinion

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Guest firetotheworks

Still don't quite get how advertising their perfectly legal business is preying on the vulnerable. I'd be interested in seeing some stats on where the majority of the money they lend goes but I would imagine that's not freely available. Their service, the amounts they lend and the high charges they levy literally couldn't be any easier to understand; what are they concealing or misleading people with? If the adverts are inappropriate then the ASA should be doing something about it btw. Otherwise, people clearly believe the charges are acceptable or they wouldn't be agreeing to them. Or are we saying that people are so f***ing dense that they need protecting from their own thought processes and decisions?

 

Wonga and the like are obviously charging as much as people are willing to pay. Ultimately what's the difference between doing what they're doing and Apple charging £529 for a phone that costs them £129 to make? Or Nike charging £100 for a pair of trainers that costs them £5 to make? Where do we draw the line between a business making a fair profit and being immoral?

 

They have done in the past, the problem is that by the time the ASA react it's too late for many.  As for them charging as much as people are willing to pay, desperate people do desperate things, and I know not every customer is dong it because they've no food to eat.

 

Can you give an example?

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Still don't quite get how advertising their perfectly legal business is preying on the vulnerable. I'd be interested in seeing some stats on where the majority of the money they lend goes but I would imagine that's not freely available. Their service, the amounts they lend and the high charges they levy literally couldn't be any easier to understand; what are they concealing or misleading people with? If the adverts are inappropriate then the ASA should be doing something about it btw. Otherwise, people clearly believe the charges are acceptable or they wouldn't be agreeing to them. Or are we saying that people are so f***ing dense that they need protecting from their own thought processes and decisions?

 

Wonga and the like are obviously charging as much as people are willing to pay. Ultimately what's the difference between doing what they're doing and Apple charging £529 for a phone that costs them £129 to make? Or Nike charging £100 for a pair of trainers that costs them £5 to make? Where do we draw the line between a business making a fair profit and being immoral?

 

They have done in the past, the problem is that by the time the ASA react it's too late for many.  As for them charging as much as people are willing to pay, desperate people do desperate things, and I know not every customer is dong it because they've no food to eat.

 

Can you give an example?

 

http://www.brandrepublic.com/go/news/article/1015873/loans-company-wonga-rapped-light-hearted-ads

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Still don't quite get how advertising their perfectly legal business is preying on the vulnerable. I'd be interested in seeing some stats on where the majority of the money they lend goes but I would imagine that's not freely available. Their service, the amounts they lend and the high charges they levy literally couldn't be any easier to understand; what are they concealing or misleading people with? If the adverts are inappropriate then the ASA should be doing something about it btw. Otherwise, people clearly believe the charges are acceptable or they wouldn't be agreeing to them. Or are we saying that people are so f***ing dense that they need protecting from their own thought processes and decisions?

 

Wonga and the like are obviously charging as much as people are willing to pay. Ultimately what's the difference between doing what they're doing and Apple charging £529 for a phone that costs them £129 to make? Or Nike charging £100 for a pair of trainers that costs them £5 to make? Where do we draw the line between a business making a fair profit and being immoral?

 

They have done in the past, the problem is that by the time the ASA react it's too late for many.  As for them charging as much as people are willing to pay, desperate people do desperate things, and I know not every customer is dong it because they've no food to eat.

 

Can you give an example?

 

Yeah Barca are sponsored by Unicef.

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Guest firetotheworks

Still don't quite get how advertising their perfectly legal business is preying on the vulnerable. I'd be interested in seeing some stats on where the majority of the money they lend goes but I would imagine that's not freely available. Their service, the amounts they lend and the high charges they levy literally couldn't be any easier to understand; what are they concealing or misleading people with? If the adverts are inappropriate then the ASA should be doing something about it btw. Otherwise, people clearly believe the charges are acceptable or they wouldn't be agreeing to them. Or are we saying that people are so f***ing dense that they need protecting from their own thought processes and decisions?

 

Wonga and the like are obviously charging as much as people are willing to pay. Ultimately what's the difference between doing what they're doing and Apple charging £529 for a phone that costs them £129 to make? Or Nike charging £100 for a pair of trainers that costs them £5 to make? Where do we draw the line between a business making a fair profit and being immoral?

 

They have done in the past, the problem is that by the time the ASA react it's too late for many.  As for them charging as much as people are willing to pay, desperate people do desperate things, and I know not every customer is dong it because they've no food to eat.

 

Can you give an example?

 

http://www.brandrepublic.com/go/news/article/1015873/loans-company-wonga-rapped-light-hearted-ads

 

Sorry like, but that's a crock of shit, imo.

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Notice a "Newcastle supporting" local MP jumped on the bandwagon yesterday with a cheap rent-a-quote-buy-a-vote interview.

Maybe if he'd been a little more vociferous when Gordon Brown, Ed Balls and Co. were kissing the bankers arses, mortgaging the UK to eternity, ruining the NHS with their PFI's and introducing back door legislation that has made the UK the money laundering capital of the world, then there'd be a lot fewer desperate people needing pay day loans.

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Coffee shops are another good one btw. FIVE QUID for some warm water with a sprinkle of flavouring. Even more if you're in a train station or airport. Now that's fucking immoral. :lol:

 

Flogging popcorn at cinemas is the biggest mark-up iirc. :lol:

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Coffee shops are another good one btw. FIVE QUID for some warm water with a sprinkle of flavouring. Even more if you're in a train station or airport. Now that's fucking immoral. :lol:

 

Paid equivalent to £11 at Geneva airport for a sandwich.

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Still don't quite get how advertising their perfectly legal business is preying on the vulnerable. I'd be interested in seeing some stats on where the majority of the money they lend goes but I would imagine that's not freely available. Their service, the amounts they lend and the high charges they levy literally couldn't be any easier to understand; what are they concealing or misleading people with? If the adverts are inappropriate then the ASA should be doing something about it btw. Otherwise, people clearly believe the charges are acceptable or they wouldn't be agreeing to them. Or are we saying that people are so fucking dense that they need protecting from their own thought processes and decisions?

 

Wonga and the like are obviously charging as much as people are willing to pay. Ultimately what's the difference between doing what they're doing and Apple charging £529 for a phone that costs them £129 to make? Or Nike charging £100 for a pair of trainers that costs them £5 to make? Where do we draw the line between a business making a fair profit and being immoral?

 

:thup: most sensible post I've seen. wp

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Guest firetotheworks

Coffee shops are another good one btw. FIVE QUID for some warm water with a sprinkle of flavouring. Even more if you're in a train station or airport. Now that's f***ing immoral. :lol:

 

18 and 24 month contracts on mobiles and broadband. "Oh you lost your job, fuck you, pay us"

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Coffee shops are another good one btw. FIVE QUID for some warm water with a sprinkle of flavouring. Even more if you're in a train station or airport. Now that's fucking immoral. :lol:

 

Flogging popcorn at cinemas is the biggest mark-up iirc. :lol:

 

Bag of popcorn, I'm sure the bag costs more than the actual popcorn. :lol: It's like 4p per bagful and they sell it for £4.50 or something. It's mental.

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Emirates

Genting Casinos

Samsung

Chang

FxPro

Standard Chartered

Etihad Airways

Aon

Aviva

AirAsia

Waitrose

aap3

Bet365

Invest in Africa

32Red

Aurasma (Investec)

Zoopla!

Sbobet

12BET

 

Let the mud-slinging begin.

 

I lost a freebet on Bet365 the other day :sad: God knows how much wormy and Neil have been preyed upon, those VULTURES.

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Guest firetotheworks

Coffee shops are another good one btw. FIVE QUID for some warm water with a sprinkle of flavouring. Even more if you're in a train station or airport. Now that's f***ing immoral. :lol:

 

Flogging popcorn at cinemas is the biggest mark-up iirc. :lol:

 

Yep. Costs about a penny for what you pay a fiver for. Next one is disposable razor blades.

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Guest firetotheworks

Emirates

Genting Casinos

Samsung

Chang

FxPro

Standard Chartered

Etihad Airways

Aon

Aviva

AirAsia

Waitrose

aap3

Bet365

Invest in Africa

32Red

Aurasma (Investec)

Zoopla!

Sbobet

12BET

 

Let the mud-slinging begin.

 

I lost a freebet on Bet365 the other day :sad: God knows how much wormy and Neil have been preyed upon, those VULTURES.

 

Waitrose ffs! The most extortionate supermarket going.

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Notice a "Newcastle supporting" local MP jumped on the bandwagon yesterday with a cheap rent-a-quote-buy-a-vote interview.

Maybe if he'd been a little more vociferous when Gordon Brown, Ed Balls and Co. were kissing the bankers arses, mortgaging the UK to eternity, ruining the NHS with their PFI's and introducing back door legislation that has made the UK the money laundering capital of the world, then there'd be a lot fewer desperate people needing pay day loans.

 

Rightly or wrongly, I instinctively blame many of present society's ills on the claim culture that I think spread over from the States and the 'no win no fee' litigation around the turn of the millenium. People don't seem to want to take responsibility for anything any more; there's always someone to blame or a so-called easy way out of your problems, and it's the only way. I might be barking up the wrong tree with this completely, but I genuinely don't think it was a good thing.

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Emirates

Genting Casinos

Samsung

Chang

FxPro

Standard Chartered

Etihad Airways

Aon

Aviva

AirAsia

Waitrose

aap3

Bet365

Invest in Africa

32Red

Aurasma (Investec)

Zoopla!

Sbobet

12BET

 

Let the mud-slinging begin.

 

I lost a freebet on Bet365 the other day :sad: God knows how much wormy and Neil have been preyed upon, those VULTURES.

 

Waitrose ffs! The most extortionate supermarket going.

 

some of the food in there is the bollocks though

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