Bolton fans have been protesting against the new sponsor QuickQuid.
Newcastle had similar problems when they teamed up with Wonga.
Would you rarther your club got the sponsorship money or go with the fans' wishes?
In typical BWFC fan style, though, it wasn't exactly 'organised', with less than 24 hours notice and for a time when most folk were still in, or on their way home from, work... Haven't seen any TV about it but it wouldn't surprise me if only a handful of people and a dog turned up...
Yes, I'm a BWFC fan, no I didn't go along because I was working, only heard about it at about 3pm this aft and don't think it'll make the blindest bit of difference anyway.
Perhaps they'd prefer to have their ticket price raised than for the club to get sponsorship revenue.
The kit sponsor is just one of many who sink money into the club and a number of other sponsors have already pulled out because of this deal so it could royally bite us in the bum. I'd happily pay more for my ticket if we saw some decent players with heart on the pitch but we rarely even get that...
excuse my ignorance on the subject but why do people have a problem with wonga or quikquid sponsoring there football club...
I don't really understand this, either. All of these 'pay-day loan' companies are required by law to clearly state the APR percentage on any advertising, which they do.
They're not some shady, back-alley type firms. Their adverts are on the telly all the time.
If they're prepared to pay the going rate, to sponsor a football team's shirt, stadium or whatever, then what's the problem?
excuse my ignorance on the subject but why do people have a problem with wonga or quikquid sponsoring there football club...
With regards to Bolton, it was not so long ago that a Bolton man committed suicide after getting into debt using payday loan companies, so some fans feel that it is promoting something that is morally wrong and potentially harmful, not to mention insensitive.
With regards to Bolton, it was not so long ago that a Bolton man committed suicide after getting into debt using payday loan companies, so some fans feel that it is promoting something that is morally wrong and potentially harmful, not to mention insensitive.
Why would you want to walk around promoting these unsavoury payday lenders on your top....
What's 'morally wrong' about them? Why are they 'unsavoury'?
Everyone knows what they offer. If I want a loan, or mortgage from my bank, I'm pretty sure that they'll charge interest. Is that 'morally wrong', or 'unsavoury'?
They can charge whatever they like, as long as you know what that rate of interest is, prior to signing up. What am I not seeing here? I'm willing to be educated.
What's 'morally wrong' about them? Why are they 'unsavoury'?
Everyone knows what they offer. If I want a loan, or mortgage from my bank, I'm pretty sure that they'll charge interest. Is that 'morally wrong', or 'unsavoury'?
They can charge whatever they like, as long as you know what that rate of interest is, prior to signing up. What am I not seeing here? I'm willing to be educated.
They don't really warn people of the risks. They prey on desperate, vulnerable people. Of course many use them responsibly, but many don't and once you get into debt it can soon spiral out of control.
The sponsorship issue doesn't actually bother me that much. The adverts are on all the time anyway so I don't see the difference.
What's 'morally wrong' about them? Why are they 'unsavoury'?
Everyone knows what they offer. If I want a loan, or mortgage from my bank, I'm pretty sure that they'll charge interest. Is that 'morally wrong', or 'unsavoury'?
They can charge whatever they like, as long as you know what that rate of interest is, prior to signing up. What am I not seeing here? I'm willing to be educated.
The Office of Fair Trading has carried out investigations in to the practices of payday lenders and has concluded that there is evidence of "widespread irresponsible lending and failure to comply with the standards required of them."
Recent reports from the OFT and other organisations such as the Citizens Advice Bureau easily found via google.
I wouldn't like to be ringing up Wonga telling them I can't repay them because a banking error has meant my wages won't be paid in....it's these people who face the full unsavoury aspect of payday lending.
Wonga was told they had 12 weeks to sort it out or they'd lose their licence, and people on here seem to think the world of payday lending is all roses and rainbows.
Wonga was told they had 12 weeks to sort it out or they'd lose their licence, and people on here seem to think the world of payday lending is all roses and rainbows.
I don't see anyone claiming that it's all 'roses and rainbows'.
I've used one of these services, many years ago, and I know that you have to be in a difficult place to even consider them, on the whole.
Coen has provided the answer that I was looking for, many thanks.
Wonga was told they had 12 weeks to sort it out or they'd lose their licence, and people on here seem to think the world of payday lending is all roses and rainbows.
I haven't seen anyone on here complaining about Banks sponsoring football clubs, or Barclays sponsoring the premier league in the past, these banks who are heavily responsible for the current economic downturn, these banks who deliberately handed out dodgy mortgages to people who didn't have the means to pay for them, or the dodgy dealings by oil companies like gazprom who sponsor two different clubs that i know of, if you want to take the moral highground then why stop at wonga, quickquid...
Weren't Bolton sponsored by the offshore tax dodging 188 Bet before this?
Hardly paragons of morality are they?
It's like Newcastle fans protesting (a minority I admit) but they were sponsored by a brewery for decades (in an area with massively high alcohol related deaths/health problems) and then a Building Society that took billions out of the country, again...hardly paragons of morality.
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they will have to pay it back next payday though..:D
In typical BWFC fan style, though, it wasn't exactly 'organised', with less than 24 hours notice and for a time when most folk were still in, or on their way home from, work... Haven't seen any TV about it but it wouldn't surprise me if only a handful of people and a dog turned up...
Yes, I'm a BWFC fan, no I didn't go along because I was working, only heard about it at about 3pm this aft and don't think it'll make the blindest bit of difference anyway.
The kit sponsor is just one of many who sink money into the club and a number of other sponsors have already pulled out because of this deal so it could royally bite us in the bum. I'd happily pay more for my ticket if we saw some decent players with heart on the pitch but we rarely even get that...
They have already been raised quite substantially ahead of next season.
It's not as if there aren't other companies in the running, it could be a minor difference between the winning and runner up bid.
I don't really understand this, either. All of these 'pay-day loan' companies are required by law to clearly state the APR percentage on any advertising, which they do.
They're not some shady, back-alley type firms. Their adverts are on the telly all the time.
If they're prepared to pay the going rate, to sponsor a football team's shirt, stadium or whatever, then what's the problem?
With regards to Bolton, it was not so long ago that a Bolton man committed suicide after getting into debt using payday loan companies, so some fans feel that it is promoting something that is morally wrong and potentially harmful, not to mention insensitive.
Why would you want to walk around promoting these unsavoury payday lenders on your top....
Why not? It's not a moral issue.
What's 'morally wrong' about them? Why are they 'unsavoury'?
Everyone knows what they offer. If I want a loan, or mortgage from my bank, I'm pretty sure that they'll charge interest. Is that 'morally wrong', or 'unsavoury'?
They can charge whatever they like, as long as you know what that rate of interest is, prior to signing up. What am I not seeing here? I'm willing to be educated.
There's a reason the government told them to get their act together or they'll lose their licences.
These are very unsavoury companies.
And what is that reason?
They don't really warn people of the risks. They prey on desperate, vulnerable people. Of course many use them responsibly, but many don't and once you get into debt it can soon spiral out of control.
The sponsorship issue doesn't actually bother me that much. The adverts are on all the time anyway so I don't see the difference.
The Office of Fair Trading has carried out investigations in to the practices of payday lenders and has concluded that there is evidence of "widespread irresponsible lending and failure to comply with the standards required of them."
Recent reports from the OFT and other organisations such as the Citizens Advice Bureau easily found via google.
I wouldn't like to be ringing up Wonga telling them I can't repay them because a banking error has meant my wages won't be paid in....it's these people who face the full unsavoury aspect of payday lending.
I don't see anyone claiming that it's all 'roses and rainbows'.
I've used one of these services, many years ago, and I know that you have to be in a difficult place to even consider them, on the whole.
Coen has provided the answer that I was looking for, many thanks.
I haven't seen anyone on here complaining about Banks sponsoring football clubs, or Barclays sponsoring the premier league in the past, these banks who are heavily responsible for the current economic downturn, these banks who deliberately handed out dodgy mortgages to people who didn't have the means to pay for them, or the dodgy dealings by oil companies like gazprom who sponsor two different clubs that i know of, if you want to take the moral highground then why stop at wonga, quickquid...
I alluded to that in post 16, many thanks.
Hardly paragons of morality are they?
It's like Newcastle fans protesting (a minority I admit) but they were sponsored by a brewery for decades (in an area with massively high alcohol related deaths/health problems) and then a Building Society that took billions out of the country, again...hardly paragons of morality.
I don't care. Coen's was the answer that gave me what I needed. The 'thanks' were aimed at him/her.
Nice petulant sarcasm, though.