howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
28 October 2010
14:5477063had a look in the folkestone store today and the two sets of customers signing deals did look a bit short of money.
i know in am wrong in judging by appearance but the alternative for them may have been a loan shark who breaks legs when payments are missed.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
28 October 2010
16:3677069 I`ve restored yesterday`s deleted picture, and as PaulB says, we need to see what we`re talking about here. I must say though, I rather felt a bit down after hearing all the comments on this store, and thought maybe they shouldn`t be highlighted. Anyway, enjoy.
Tell them that I came, and no one answered.
28 October 2010
17:2677085Roger (post 13) - the APR stated in the shop window is 29.9%, which is an horrendous price to pay. You say the Money Shop is 260%, I hope thats a typo, and you mean 26%, else that is just robbery!!
Whatever happened to the old ways of saving up? Buy now, pay (lots) later seems to be the way of things these days.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
28 October 2010
17:3177089personally i do not buy anything on credit, don't even own a credit card nowadays.
a debit card or cash is my preferred way of paying for it.
i do not buy anything that i do not have the funds for.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
28 October 2010
18:1277105Is that why I`ve never had a cup of tea out of you Howard? We`ll have a whip round for you mate.
Tell them that I came, and no one answered.
Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,895
28 October 2010
18:2277108I always buy expensive items or internet items with my credit card as it gives extra cover if things go wrong.
With regards to planning, as the frontage has changed surely that technically requires planning permission.
-----------------------------------------------------------------------
I try to be neutral and polite but it is hard and getting even more difficult at times.
-------------------------------------------------------------------
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
28 October 2010
18:2377109Colin,
Howard makes a nice cup of tea
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
28 October 2010
18:3677113stand your spoon up in it keith, no wishy washy tea or coffee from me.
jan
i believe that they had planning permission, cannot imagine a company of that size making a mistake like that.
29 October 2010
00:0477173'as the frontage has changed surely that technically requires planning permission.'
Which reminds me......
There was a young lady of Wantage
Of whom the Town Clerk took advantage.
Said the County Surveyor,
"Of course you must pay her;
You've altered the line of her frontage."
Guest 652- Registered: 13 Mar 2008
- Posts: 595
29 October 2010
00:3477174there is a question as regards the planning, something to do with an inner dividing wall being removed without permission
Guest 702- Registered: 9 Jul 2010
- Posts: 241
29 October 2010
06:3377177Lesley
The Money Shop Ad does say 260%, checked the web site and it confirms 260.2% for Pay Day loans.
Quote from the web page:
* Pay only £9.99 (normally £15.99) for a £90.01 loan with our Special Cashback Offer on Cash 'til Payday. 260.2% APR typical. The total amount payable of £100 is repaid in 30 days when we bank your cheque. All loans are subject to status and affordability. Offer applies to new customers on first £100 cheque only. Not to be used in conjunction with any other offer.
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
29 October 2010
07:5577185Thanks Ken; I was going to repeat that it is 260 %, which is a disgraceful rate of interest.
As it would be class-use that needs permission and it was the same class-use as before, it may well have been that planning permission was not required.
The knocking down of a wall would probably be Building-Control not planning, but I'm not a planning officer.
Roger
Guest 675- Registered: 30 Jun 2008
- Posts: 1,610
29 October 2010
09:4077197A planning application has now gone in for No.5 (the center shop) which did once sell white goods. It includes the two dividing walls which have already been removed.
Politics, it seems to me, for years, or all too long, has been concerned with right or left instead of right or wrong.
Richard Armour
29 October 2010
09:4877201Roger, any link to the Credit Union in Dover on-line? These are seriously to be encouraged.
As an insomniac (and devotee of E F Schumacher) and late night listener to the World Service I have been following tales of the success of the Grameen Bank
http://www.grameen-info.org/.
Small is beautiful + micro-credit the way forward IMHO.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
29 October 2010
14:1377237Anyway, the shop was open for business this morning, and I didn`t hang about as there was a DJ inside with loud booming, headbanging music blaring through a speaker outside. Maybe that racket summed the place up?
Tell them that I came, and no one answered.
29 October 2010
14:4177243Bob, I agree with you on this point too. We have all seen the economic devastation caused by the huge banking conglomorates. There was certainly no 'bigger is better' benefit to the man on the street or for business. The only beneficiaries were the bankers. I wasn't aware that we had a local credit union, and it is not apparent on Google. It would certainly be a better way forward for the less well off than paying 260% !!
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,707
29 October 2010
15:5577261Whilst the principle of micro credit is laudable and has seen some measure of success in parts of India it also has issues, whilst it has helped solve a number of social issues etc in many parts of the Indian sub-continent what it has not and cannot do is push forward development/redevelopment; which requires much more significant quantities of capital.
Regarding low income households and credit here is a very interesting summary of what is available locally from the DDC web site (including details of a credit union)
http://www.dover.gov.uk/community/development__partnerships/community_development/financial_inclusion_strategy/low_income_households.aspx"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
30 October 2010
17:2277420the APR stated in the shop window is 29.9%, the same as argos but no one goes beating on there door, and as the Manager said when asked about the posts on dover forum he said its the more well off that would make comments like they have because they could go out and buy but they don't consider the poorer people who might have to save for ten years to buy a new Suite or cooker.this is away that people can build a good credit rating with in this company.And they wont let you spend more than you can afford but on the other hand if you don't pay each week they will reposes after giving the Customer fair warning.If thats not responsible lending I don't know what is.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
30 October 2010
17:2577421Alan
I don't think forumites wll be convinced with that argument
ALL POSTS ARE MY OWN PERSONAL VIEWS
Guest 649- Registered: 12 Mar 2008
- Posts: 14,118
30 October 2010
17:3177423I also looked at the one in Folkstone today again it is better then having a shop with nothing in it.
