Cash Today UK
Date: Sat, 12/08/2007 - 06:26
Quote:
"We’re sorry for the inconvenience, but we are currently not accepting any new applications until the 13th of December. Please come back then to reapply. Thank you for your inquiry," CashToday Management |
Do you think that there capital dried up on them???
Probably because they're too busy ringing my phone with the "leg
Probably because they're too busy ringing my phone with the "legal department". LOL
I heard a rumor months ago that they were going out of business.
I heard a rumor months ago that they were going out of business. Maybe this is the first concrete sign.
It seems that these lenders own business practices tend to ruin
It seems that these lenders own business practices tend to ruin their business over time. I would imagine that if they just charged a normal "high credit risk" rate of interest, say even 100%apr, compared to 500%APR, and also made it simple and easy to actually pay back the loan in full your next paycheck, they would save lots of money on paying people to call all the people that default. Also, as more and more people find out that most of these companies are unlicensed/illegal, it would seem that there would be plenty of people out there more than willing to just take a bunch of loans and close down their account without paying a penny back.
These companies just confuse me with their business practices, especially the whole operating without a license, it seems that Delaware will give one to anyone....
Could it be that all of their collectors have quit and they are
Could it be that all of their collectors have quit and they are looking for people who will work for peanuts?