Loan sharks biting poor pockets - big time

Email
Print

Tue, 20 Jul 2010 7:00p.m.

3 News Video On Demand
Rate:
5 ratings
If you are paying a mortgage you will be paying around six or seven percent in interest to the bank.
If you are paying a mortgage you will be paying around six or seven percent in interest to the bank.

Read the full story »

Become a fan of 3 News on Facebook and on Twitter.

Post a Comment

Before commenting, please take the time to read our moderation guide


(Won't be published)



Comments

02 Dec 2010 11:57a.m.

Paula wrote:

These b....ds only feed on those who can not get finacial help anywhere else. Amazing Loans charge $8,000+ set up fee for a$10,000 loan, tell me thats not ripping off the poor. I hope they fry in hell myself. I hate anyone who steals from the poor, its bad enough the government gets to do it why should these mongrels get rich off destroying everyone else.

21 Jul 2010 02:28p.m.

David wrote:

Rather than more regulation which the loan sharks would most likely ignore in any case, better to educate potential 'victims' of their rights and all options when it comes to finding finance.

21 Jul 2010 01:16p.m.

Mathis wrote:

I would love too see that, Being young and dumb Fallen into that trap before... didn't understand the high rate compared to the banks.

Related Videos