noo noo
04-05-2006, 06:53pm
From Martin Lewis - Money Saving Expert
This appeal is to ask the respected TV presenter, Carol Vorderman, famed for her mathematical nous, to, after nine years, stop doing secured loan adverts.
Sign the petition here - http://www.moneysavingexpert.com/carol
The British public now collectively owe a massive £1,100,000,000,000. The secured loan market has increased five times over the last five years and the growing normalization of these loans is a danger to our society. Sold as a 'cure all' where people place all their debts together, secured loans are often actually potentially expensive debts, which trap people in for long periods, and if you can't repay, they can take your home.
For nine years Carol Vorderman's advertised these loans. Advertising works, that's why companies pay for it, and over time her powerful advertisements will have contributed to the growing normalization of this form of borrowing. I believe this is truly worrying, as secured loans should only ever be seen as loans of last resort. I would like her to stop and I'd urge all who agree to sign the petition to let her know.
This appeal is to ask the respected TV presenter, Carol Vorderman, famed for her mathematical nous, to, after nine years, stop doing secured loan adverts.
Sign the petition here - http://www.moneysavingexpert.com/carol
The British public now collectively owe a massive £1,100,000,000,000. The secured loan market has increased five times over the last five years and the growing normalization of these loans is a danger to our society. Sold as a 'cure all' where people place all their debts together, secured loans are often actually potentially expensive debts, which trap people in for long periods, and if you can't repay, they can take your home.
For nine years Carol Vorderman's advertised these loans. Advertising works, that's why companies pay for it, and over time her powerful advertisements will have contributed to the growing normalization of this form of borrowing. I believe this is truly worrying, as secured loans should only ever be seen as loans of last resort. I would like her to stop and I'd urge all who agree to sign the petition to let her know.