ronthenekred Posted January 21, 2013 Share Posted January 21, 2013 What's the point of these repetitive dumb threads? Why not just say do you agree with usury or not. Link to comment Share on other sites More sharing options...
Phanerothyme Posted January 21, 2013 Share Posted January 21, 2013 Why worry about the usurer's member of staff losing out and getting into debt? Suppose the shop remains shut for 3 weeks, and 20 people are unable to get ruinous loans. And instead of a short term debt, these people do their rip, then return to normal spending habits a week later. They shop in local stores and safeguard the employment of others. If they had took out loans, they could have all been ruined and this would have in turn led to the stores they use going bust and not only would there be 20 bankrupts, there would also be many more losing their jobs. Due to the economy doing well, what with people avoiding ruinous debt, perhaps the person who worked in the shop peddling usury could find a new job in a better more ethical business. That's a lot of ifs. In reality what will happen? Low paid staff will be made redundant, be unable to pay their high rents and end up on the street. The many people who manage pay day loans without too much difficulty are denied an important source of credit. People who need to liquidate their luxury assets in times of need are denied a ready source of cash. If Usury is your target, then might I suggest there are far more voluminous and egregious offenders. Link to comment Share on other sites More sharing options...
gym_rat Posted January 21, 2013 Share Posted January 21, 2013 Would you ring the police if you saw somebody smashing up a pawnbrokers/payday loan shop? why wouldn`t you - your witnessing a crime, what other crimes do you turn a blind eye to Chem1st? just noticed Chem1st has got a new word (userer) he`s like a kid with a new toy. ---------- Post added 21-01-2013 at 08:30 ---------- , can no longer drink in his local if that`s the least of his worries he`s doing well. Link to comment Share on other sites More sharing options...
prince2 Posted January 21, 2013 Share Posted January 21, 2013 Yes,of course.. Link to comment Share on other sites More sharing options...
PeteMorris Posted January 21, 2013 Share Posted January 21, 2013 Well spotted Gym Rat....userer?...or whatever it is!...never heard of the word before reading this thread. Isn't the pawnbroker thing a bit of a red herring?...All shops are (dare I say it)..'userers'. They all make a profit from selling 'stuff' to us at inflated cost and therefore make a profit from us all. Oh and yes I would call the police. It's a crime, just the same as any other! Link to comment Share on other sites More sharing options...
Gleadly Posted January 21, 2013 Share Posted January 21, 2013 All these payday companies should be closed down. Saying that, if I saw anyone causing damage to their property I would have no hesitation in reporting them to the police as it's a crime. Link to comment Share on other sites More sharing options...
max Posted January 21, 2013 Share Posted January 21, 2013 Have you considered the impact on the families who have received a loan fully intending to recover their beloved possessions? What about the children of said families who have been told that their precious toys have been sent away for repair? Link to comment Share on other sites More sharing options...
Phanerothyme Posted January 21, 2013 Share Posted January 21, 2013 Well spotted Gym Rat....userer?...or whatever it is!...never heard of the word before reading this thread. Isn't the pawnbroker thing a bit of a red herring?...All shops are (dare I say it)..'userers'. They all make a profit from selling 'stuff' to us at inflated cost and therefore make a profit from us all. No, Usury is unethical lending. A shop that sells ruinously expensive loans to customers so that they can afford their goods might be called a userer. Usury was an attempt by the Church to control capital & interest through PR. It failed. Link to comment Share on other sites More sharing options...
Gleadly Posted January 21, 2013 Share Posted January 21, 2013 And how have they go into this predicament?? These payday loan companies (or loan sharks as they should be called) charge ridiculous rates and should be outlawed. But that's another topic. Sorry that the kid's have lost their toys but, if their parents don't have the funds to recover them, then they should go without. It's called Financial Management. Link to comment Share on other sites More sharing options...
Bypassblade Posted January 21, 2013 Share Posted January 21, 2013 All these payday companies should be closed down. Saying that, if I saw anyone causing damage to their property I would have no hesitation in reporting them to the police as it's a crime. I agree 100% but until they are made illegal, we are stuck with them & people will use them Link to comment Share on other sites More sharing options...
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