Saturday, 20 September 2008

Watch out for the loan sharks

I've just heard on the grapevine that a firm of sharks has been going round Roehampton trying to sign people up for loans with an interest rate of 66%.

No doubt their parents are proud of the scum delightful individuals from whichever "business" this is - I'm in the process of finding out and you'd better believe I'm going to name and shame them when I do - who pray on those who can least afford such inexcusable repayment rates.

Of course, this only emphasises the need to bring banks, building societies and credit unions to Roehampton: an area that has been free of such institutions for years and years. I can tell the Council this for free: a bank is in far greater demand in Danebury Avenue than another branch of Waitrose - and the Conservatives should get their priorities straight.

In the meantime, please be on the lookout for these loan sharks and - however desperate your plight - don't accept any money from them, because you'll only end up in far worse financial problems than you are now.

If you've already borrowed from them you're under no legal obligation to repay the debt: this is a company that operates outside the law - contact Wandsworth Trading Standards who can help. They're on 8871 7720, or tradingstandards@wandsworth.gov.uk.

If you do need help with debt or personal finances, visit Roehampton Citizens Advice Bureau at 166 Roehampton Lane. They're open Monday to Thursday - exact times can be found here.

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