Kerry Katona ad for payday loan firm Cash Lady banned after flood of complaints!

Goaty · 08/05/13 - 14:36

A bit late, everyone avoid it!

http://www.mirror.co.uk/news/uk-news/kerry-katona-ad-payday-loan-1874715

Vodka_Drinka · 08/05/13 - 15:14

I think those payday loans type of things should be banned. They are just encouraging vulnerable people to get themselves into more debt.

Ivy Rose · 08/05/13 - 15:22

Each and every one of those disgusting ads should be banned. There is no place for this payday loan culture in any half-way decent society.

grumpyscot · 08/05/13 - 15:44

Totally agree with the thoughts so far.

Anything - and I mean ANYTHING to do with such companies should be banned - whether or not it includes football teams or what. (One I know is sponsored by Wonga, and is in dire financial
straits! - Maybe serves them right!)

But mind you, would anyone take anything that Katona says as meaningful?

dorydaryl · 08/05/13 - 15:46

It was rather sick, given Kerry's past financial history. Goodness knows, it was a stupid idea. Hang on....it's just been on Ch5 as I'm typing?

zx50 · 08/05/13 - 15:53

I'm so glad this advert has been took off the advertising slots. The last thing people need at times like these is bloody payday loans.

Ivy Rose · 08/05/13 - 16:03

grumpyscot wrote: »

But mind you, would anyone take anything that Katona says as meaningful?

By hiring Katona as the face of their company, I'd say that alone shows exactly what Cash Lady think of their potential customers. :mad:

Blue Eyed lady · 08/05/13 - 16:06

Glad to hear this, these loans just dig some people into a bigger hole than they are already in.

stud u like · 08/05/13 - 16:16

http://www.youtube.com/watch?v=hXoDC-MFqug

Richard1960 · 08/05/13 - 16:28

If people need payday loans they are living beyond their means IMO would i ban them no.

Its down to people to manage their cash the firms offer a service and people know what they are getting into when signing up.

Just shows what we have beome if people need these to survive.

stud u like · 08/05/13 - 16:30

Richard1960 wrote: »

If people need payday loans they are living beyond their means IMO would i ban them no.

Its down to people to manage their cash the firms offer a service and people know what they are getting into when signing up.

Just shows what we have beome if people need these to survive.

Its always been like that. People hocking their stuff, getting paid and then getting it back.

Richard1960 · 08/05/13 - 16:30

stud u like wrote: »

Its always been like that. People hocking their stuff, getting paid and then getting it back.

Yes thats true enough.

Just seems to have a greater feature now with all the "Wonga" ads and all that.

[Deleted User] · 08/05/13 - 16:41

Its just been on Holly & Phil?

Ivy Rose · 08/05/13 - 16:58

Richard1960 wrote: »

If people need payday loans they are living beyond their means IMO would i ban them no.

Its down to people to manage their cash the firms offer a service and people know what they are getting into when signing up.

Just shows what we have beome if people need these to survive.

Entirely disagree. These loans are aimed at the most vulnerable people in society. People who put 2&2 together and get 5. People who are often struggling with various other debts.

The payday loan companies know EXACTLY who they are targeting and it makes them all the more vile.

How any government - even the "nasty party" Tories - can allow these companies to operate legally - is a total disgrace.

Nothing can excuse the existence and behaviour of these companies.

Grouty · 08/05/13 - 17:01

Whens it got to stop then, as ive seen it today and yesterday.

ROWLING2010 · 08/05/13 - 18:17

I saw the advert too earlier so I was a bit confused when I read in the paper it had been banned.

Richard1960 · 08/05/13 - 18:26

Ivy Rose wrote: »

Entirely disagree. These loans are aimed at the most vulnerable people in society. People who put 2&2 together and get 5. People who are often struggling with various other debts.

The payday loan companies know EXACTLY who they are targeting and it makes them all the more vile.

How any government - even the "nasty party" Tories - can allow these companies to operate legally - is a total disgrace.

Nothing can excuse the existence and behaviour of these companies.

That may be so and you are partially right,but there are plenty of agencies to help people budget,Citizens advice,ect ect.

If people need payday loans then barring emergencies they are living beyond their means.

And must take some responsibility themselves.

Charlottesweb · 08/05/13 - 18:59

Ivy Rose wrote: »

How any government - even the "nasty party" Tories - can allow these companies to operate legally - is a total disgrace.

One of the venture capitalists behind Wonga is a major funder of the tory party, he even advises them on policy.

Any loan of 2000% and more as was this one (wonga is over 4000%) APR is not a genuine company, its a loan shark.

intoxication · 08/05/13 - 19:00

stud u like wrote: »

http://www.youtube.com/watch?v=hXoDC-MFqug

Noooo I wanted to post this!

:D

However I think you should give the correct link so the views go to the people that made it:

http://www.youtube.com/watch?v=vB-Jpd2hnfo

Ivy Rose · 08/05/13 - 19:05

Charlottesweb wrote: »

One of the venture capitalists behind Wonga is a major funder of the tory party, he even advises them on policy.

Any loan of 2000% and more as was this one (wonga is over 4000%) APR is not a genuine company, its a loan shark.

I wish I wasn't shocked by this, since I feel there is generally nothing which can shock me anymore, and yet...:mad:

Richard1960 · 08/05/13 - 19:09

Charlottesweb wrote: »

One of the venture capitalists behind Wonga is a major funder of the tory party, he even advises them on policy.

Any loan of 2000% and more as was this one (wonga is over 4000%) APR is not a genuine company, its a loan shark.

To be fair even Labour when in power did s- d all to stem the flood of such companies although after losing power surprisingly ! Stella Creasy Labour Walthamstow did complain about them,but not whilst in power and able to do something.

http://www.guardian.co.uk/commentisfree/2013/mar/06/payday-loan-rates-capping

Ivy Rose · 08/05/13 - 19:48

When will the ban take effect? Have seen the advert still on TV just this moment.

zx50 · 08/05/13 - 19:59

Ivy Rose wrote: »

When will the ban take effect? Have seen the advert still on TV just this moment.

Sounds like it's not immediate then. Unless they're going to be removed from the advertising slots as soon as possible perhaps.

NotaTypo · 08/05/13 - 22:26

zx50 wrote: »

I'm so glad this advert has been took off the advertising slots. The last thing people need at times like these is bloody payday loans.

Times like these nobody deserves to see Katona's ugly, gurning mug on the telly either.

lexi22 · 08/05/13 - 22:37

NotaTypo wrote: »

Times like these nobody deserves to see Katona's ugly, gurning mug on the telly either.

QFT.

:D

She'll have to pop out a sprog now to get the money rolling back in since Cash Lady has let her down.

kiteflyer · 08/05/13 - 22:52

Reading the Huffington Post article on this, she says that we would all be surprised at how much she has in the bank herself considering who she was?? Who was she then?? Then she goes on to say that she has just £4,000, she doesn't have a credit card and never spends money on herself now. Odd that, considering she has just come back from another holiday in Dubai with her new man in her life and is promoting a credit/loan company that she clearly can't afford.

Hey there!

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Kerry Katona ad for payday loan firm Cash Lady banned after flood of complaints!

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