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February 6th, 2012 
FAKE NEWS for the Zionist agenda
By
Vanessa Allen
Last updated at 11:09 PM on 5th February 2012
Pay-day loan firms came under fire yesterday for offering unsecured lending arrangements to fund cosmetic surgery.
Glossy websites promote short-term pay-day deals alongside unsecured loans to pay for operations including face lifts, breast enlargements, tummy tucks, gastric bands and liposuction.
Many of the procedures cost thousands of pounds and could leave consumers facing huge repayments for years to come.
Irresponsible: The Cheapfastloans.co.uk website features links to cosmetic surgery sites
Links: Many of the procedures cost thousands of pounds and could leave consumers facing huge repayments for years to come
Yet the cosmetic surgery loans are listed alongside offers of pay-day loans – usually a very short-term debt of £100 to £1,000 designed to tide people over in an emergency for just days or weeks until they receive their pay cheque.
The sites feature photographs of attractive young women, often laden with shopping bags, and claim they can offer instant loans without credit checks.
Cheapfastloans.co.uk offers unsecured loans of up to £25,000 for cosmetic surgery without specifying repayment rates. It said the loan could be repaid over between one and 25 years.
The site says: ‘Good looks always make a person feel certain and unique. However, many a times, having birth defects, like improper chin or nose can be a nerve-racking obstacle for you.
On the contrary, they can be vanished without any trouble with the aid of these our schemes. Our cheap fast loans can be useful for your fiscal crisis and can help you to obtain a beautiful look.’
An unsecured loan means the lender relies on the borrower’s promise to make repayments, without collateral such as a house or other assets.
The increased risk involved for the lender means interest rates tend to be higher, and many firms want to see proof of employment and income before they will offer a loan.
Another site, needloans.org.uk, also offers unsecured loans for plastic surgery. The site says: ‘Don’t get delayed, get the look you were craving for with loans for cosmetic surgery.’
Reputable surgeons stress that cosmetic surgery is a serious decision which should not be taken quickly.
Rajiv Grover, president-elect of the British Association of Aesthetic Plastic Surgeons, said he discouraged patients from using any loans to pay for surgery.
‘I say, “If you need a loan for this, please don’t have it at all – wait and do this once you have saved up and you are totally in the right frame of mind”,’ he said.
Reputable plastic surgeons will always stress it is not a decision to be taken lightly
The growth of the pay-day loan industry, which is now worth more than £1billion a year in the UK, has prompted fears that consumers are taking on debts they cannot repay.
Consumer groups have warned that a tougher lending climate from banks and building societies has driven financially vulnerable people to use the loan companies, whose rates can exceed 4,200 per cent APR on short-term loans.
If customers cannot meet their repayments, they are hit with large fees and the high interest rates mean their original loan amount can quickly spiral.
Stella Creasy, Labour MP for Walthamstow, in east London, said: ‘This is another example of how the industry cannot get its act together.
‘The longer the Government leaves this, the worse the situation will get. We should be warning people that if you don’t have the money, don’t spend it.’
Pay-day loan companies argue they offer a vital service to people who cannot get credit quickly from their banks.
They claim the short-term nature of most pay-day loans means they are relatively inexpensive and that it is not fair to calculate their interest charges on an annual basis.
Cheapfastloans.co.uk and needloans.org.uk were unavailable for comment. The sites both state they are not direct lenders or brokers but simply match applicants with lenders.
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Payday loans are a max of £1000 so you can’t really use them for plastic surgery. The ad for the loan finder company may say £25,000 unsecured but is there any evidence of anyone actually being offered that amount? Payday loans are terrible, I had to take one out recently when I was made redundant. I live alone with my daughter and it took 7 weeks for my benefit claim to be processed, by which time I had started a new job. I had to pay massive rates for the loan and I’m sure it won’t look good on my credit rating either.
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Although not advertising loans for cosmetic surgery, every time I see the Wonga Puppets on TV I get the feeling I would like to incinerate them.
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They are just listing different type of loans, and the payday loans and cosmetic surgery ones just happen to be next to one another, In the cosmetic surgery section it does not mention payday loans at all. What are you trying to make a fuss about?
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Pay day loans should be made illegal. Isnt it not clear enough with the financial crisis the majority of people can NOT control their finances? People are not taking out loans out of need, its more out of GREED, in order to fund and uphold their lifestyles. What the goverment, in ALL european countries should do, is install compulsory “Financial control” lessons to school children in order for the next generation not to fall into the debt pit like most of us have. As for these payday loans? Theyre rip offs, theyre intrest rates are a disgrace and these loan companies are lending out to people who obviously cannot afford to pay it back.
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TOWIE r u listening…..
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New meaning to the phrase ‘put it on the plastic..’
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