B(W)ankers: Nationwide
Comments
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hipshot wrote:MountainMonster wrote:I think this also all ties into the mentality that is very present in the UK of "I am never at fault". If I do something stupid someone else is always to blame. Poor little me, I don't do anything wrong so why should I deal with it?
I've never ever met anyone who says this. Are you referring to the banks?
Its not the poor wretches that end up in cash converters that have stolen your money, its big financial institutions, who have caused a crippling recession throwing people out of work all over the country and they are laughing at all of us from their yachts. These short term lenders are just the vultures who prey on the vulnerable and the desperate and get them into a spiral of debt. They identify a demographic where people are struggling, make the situation worse and then profit from it.
Strange that you don't seem overly bothered by that. You're very quick to judge these people and get quite zealous on the subject of their failings, but seem to think that companies operate in some sort of moral vaccum where they are free to do as they like as long as there's profit in it. You can't have it both ways.
I have mentioned quite a few times that I do not like these companies, but you seem to have missed those points. I am just trying to show that they wouldn't be this vile if the people chose not to shop there. People talk with their wallets, and they chose to shop there. It has nothing to do with thinking these guys are great companies, because we have all admitted that they are far from it, but there is a market for them that people are happy to use.
Saying that the people who shop there have to take the large chunk of the blame, as they are the ones making the decisions. These are not 7 old children being forced to take out loans, these are grown adults who take them out, so putting the blame on the companies is retarded. What I meant by my comment touching on the blame game mentality here in the UK I was speaking about the UK as a whole, not just banking. The blame for almost everything in this country is shifted, or they attempt to shift it, onto someone else so they don't take the brunt of their own problems. If the people taking these loans out would stop staring at the TV they want and evaluate the situation a bit they would not get the loan as it is made blatantly clear they are getting ripped off, and yet they choose to go forward anyways. Surely you can not say that these people bear no responsibility for what they do they with their credit lines when they are willingly signing on the dotted line?0 -
I have always had proper notification for the "end of life" for the interest rates on my NW accounts. The problem is I get all sorts of other rubbish from them and the banks that it is possible to miss/ignore the important ones.0
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MountainMonster wrote:The blame for almost everything in this country is shifted, or they attempt to shift it, onto someone else so they don't take the brunt of their own problems. If the people taking these loans out would stop staring at the TV they want and evaluate the situation a bit they would not get the loan as it is made blatantly clear they are getting ripped off, and yet they choose to go forward anyways. Surely you can not say that these people bear no responsibility for what they do they with their credit lines when they are willingly signing on the dotted line?
Who is it in society shifting the blame onto others? (You don't seem to get the irony of me asking if you meant the banks). It was obvious you were referring to ordinary people who get themselves into debt. By the way, do you have a link for that or some evidence that people are blaming others for getting into debt? Any evidence at all? Or is it just the Daily Mail speak in your head?
As far as I can tell the people who are getting themselves into debt are being punished for their mistakes. Severely. It goes without saying that everyone is responsible for their actions, the difference between you and me is that you don't think the banks, payday loan companies and pawnbrokers with their advertising millions, market research and business models targeting poor communities are making a bad situation worse and should be stopped.
Sorry, but it just doesn't cut it to claim that you don't like them, but then be content to leave it all to market forces and devil take the hindmost0 -
hipshot wrote:MountainMonster wrote:The blame for almost everything in this country is shifted, or they attempt to shift it, onto someone else so they don't take the brunt of their own problems. If the people taking these loans out would stop staring at the TV they want and evaluate the situation a bit they would not get the loan as it is made blatantly clear they are getting ripped off, and yet they choose to go forward anyways. Surely you can not say that these people bear no responsibility for what they do they with their credit lines when they are willingly signing on the dotted line?
Who is it in society shifting the blame onto others? (You don't seem to get the irony of me asking if you meant the banks). It was obvious you were referring to ordinary people who get themselves into debt. By the way, do you have a link for that or some evidence that people are blaming others for getting into debt? Any evidence at all? Or is it just the Daily Mail speak in your head?
As far as I can tell the people who are getting themselves into debt are being punished for their mistakes. Severely. It goes without saying that everyone is responsible for their actions, the difference between you and me is that you don't think the banks, payday loan companies and pawnbrokers with their advertising millions, market research and business models targeting poor communities are making a bad situation worse and should be stopped.
Sorry, but it just doesn't cut it to claim that you don't like them, but then be content to leave it all to market forces and devil take the hindmost
I never said they shouldn't be stopped, and if this is where the whole discussion is getting stuck on you have somehow misinterpreted my statements. All i've been saying is that the blame is not solely on the company rather than the individuals who use it, which is very true. None of what I have said infers that I think they should continue operating. My points about the blame shift mindset I see is not talking about debt, but rather a mentality for life that I see regularly. Not many people own up for their own shortcomings and bad decisions in life or the workplace without trying to either bring down someone else, or get out of it by shifting blame. It is evident in so many places, and gets rather annoying when trying to get to the bottom of things. (I am mostly speaking on the last point from professional experience here in the UK, and from past "friends" who I no longer associate with due to these reasons.)0 -
