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Pay day loans

Discussion in 'Mathematics' started by smillsj, Jan 31, 2012.

  1. smillsj

    smillsj New commenter

    Looking to produce a resource on Pay Day loans and Cash for Gold companies. Has anyone done anything similar?
     
  2. Anonymous

    Anonymous New commenter

    You could also look at cash for mobiles and if you're feeling brave, credit card interest and the infamous Barclaycard 0% deal that wasn't.
    Like I said on a different thread, companies assume people are bad at maths and take advantage. I think the Government probably does the same thing.
    As a primary teacher - I love role play. I think a Pay Day loan would be a great scenario for role play, conscience alley etc. Why do they need the money? What's it for? What's their budget?
    What happens if they don't pay it back?
    Smallprint - that's what's it all about.
     

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