Preying on the poor

Leeches in Society. 

Preying on the poor! 

The wealthy go to banks if they need cash and pay far less interest, the poor cannot get loans so these leeches feed off their fiscal deficiencies.

This story is about 
Finance Now: www.financenow.co.nz
Instant Finance: www.instantfinance.co.nz
QuickCash: www.quickcash.co.nz
Save My Bacon: www.savemybacon.co.nz


Lenders target families with Christmas money: posted  By Morgan Tait NZ Herald

Family support manager says door-to-door salesman are using gifts to push loans

Money lending firms are offering lavish gifts and prizes to entice people into taking out high-interest loans for Christmas.

Companies with interest rates of up to 43 per cent are being accused of "targeting the vulnerable" in Auckland's lower socio-economic groups.


THE HONEY TRAP

Offering such things as:

• Draw to win a Suzuki Swift
• Free mobile phone
• Win a food hamper and a barbecue
• Free delivery of a car bought on credit

THE STING:

interest rates of up to 43 per cent

The full article Lenders target families with Christmas money: posted  By Morgan Tait NZ Herald can be read here