The bankable will buy them all up bs on as another revenue stream... You watch
Maybe don’t piss around at skool and end up in a shit job then breed kids you can’t afford to feed? Always some one else’s fault though isn’t it.
... are you being sarcastic?
Well it is kind of sad but true that the education choices made at age 14 maybe 13 and how hard you work will determine A levels, degree and job for many people.
Maybe don’t piss around at skool
Indeed.
Education is important, but scoring points on the internet is importanter.
The big Banks won’t touch PDL companies purely due to Risk. Banks are Risk averse these days and buying a PDL company to pop on your Balance Sheet isn’t best practice. 15 years ago maybe, but not since 08’.
Banks are still selling Bad Debt books off to both collection agencies, and other high interest Financial firms who make £’s in charges and high interest loans/credit.
There are some robust TCF laws in this country now to stop organisations focusing on the needy (and the not so needy) and rightly too. Hence Neej20’s point about how regulated these PDL companies are (and high st Banks)
I know of one person who setup a PDL who came from Credit Services, he thought “I can make money out of this” and setup a company with a loan from a high st Bank... and then gained investments on the back of it. It’s a damn efficient organisation with huge IT back end and little manpower processing, it’s a fantastic model and it’s turning over a small perfectly formed profit.
Debt does pay, just not to the people who require it.
