Next Season Shirt Sponsor - Good Grief!

[kingston RAWW]

From the reactions, am I to assume that said loan company marches people to a cash machine with a gun to their heads and makes them hand over cash? There was me thinking that they are providing an optional service where the contract details are open and easily understood. If you are stuuuuupid enough to use them, its your own fault.
I would find tobacco and alcohol sponsors more offensive.

I agree with you to a large extent. The whole payday loans industry is geared to take advantage of members of our society, some of whom may be desperate, stupid, weak-willed etc. By agreeing to display advertising for this type of company on our shirts (for a fee), we are appearing to endorse payday loans as being a good idea i.e.
SUFC advocates xyz company and their products.
Whilst legal, I think that payday loan companies are loan sharks by another name
That's the issue I have.

Fair enough comments.
I work freelance. I have 3 credit cards. They have terrible APR rates. One of them is a Barclaycard. I dont like having them, but if they didn't exist, my family and I would not still be in our house. Sometimes they are the only way to pay the bills and the mortgage. Thank god for them.
One day, I may have to use a payday loan company, so, on that basis, I am glad that they exist. If I have to use them, I will do it with my eyes open, in the full knowledge and understanding of what they are, and what I am doing.
Having said that, wouldn't it be a perfect Bladesworld if we didn't need to take the dollar of a loan company, a tobacco company, or an alcohol company. Roll on the day that we could have HelloKitty as a sponsor, but this is a working class sport that attracts companies that sell working class products. We have to accept it, but we don't have to use their products.
On a lighter note. I took my son to a mini rugby tournament at Slough RFC once. There were 5 year old kids running around in Slough kits sponsored by Spearmint Rhino, a 'gentlemens club'.
Wonga is tame in comparison.

 

[Bladesway]

this is a working class sport that attracts companies that sell working class products.

Yes, £40 for a shirt and a grand for a box a time is up there with Scargill and Union rights. I'm not sure I have ever seen a bigger misrepresentation of "Working Class" (Which barely exists as a true entity any longer) than to assume everyone working class has to borrow and has to have credit.

It appears in your eye view because some kids team in Slough is in a race to the bottom (which Slough would probably win at a canter) we should bend over and take it up the harris.

Oh, and I don't take money off loan companies any longer. I learned the hard way, which is why I object so forthrightly. People don't need any help borrowing money from their local football team.

Next up, why Jimmy Saville is sponsoring our Creche? Jordans left piss flap sponsors the family stand? Jade Goodie gets a sainthood? Car Park demo sponsored by kerb crawlers perhaps?

P.S I don't think its happening now so I suppose its a waste of pixels thankfully, but I can't help but wonder when the drop in standards is actually going to stop being validated by people. Its as if having some class is actually a bad thing in todays world. I know where I can get a loan, but I don't want my kid wearing it on his shirt at 4 years old.

 

[KenMcnaughtsNuts]

Are we still talking about this nonsense?

People who use them are stupid are they?
I don't need to use them, i have plenty of savings these days, but i did need to use them a few times going back maybe 10 years or so. I never got in any trouble, i repaid them on time and thought it was really useful.

I've just gone on the Wonga site out of curiosity.
A £400 loan for 7 days would cost £433.89.
Ooh £33.89 interest. Scary.
For 30 days it would be £527.15. By my reckoning that's interest of 31.7875%. Obviously it's a rip off, but if you need the money then that's the choice you have to make. Talk of 2000% APR is an utter nonsense. Obviously a 1 month loan isn't going to be the same APR as a longterm loan. If it was, you would be paying pennies in interest, so there wouldn't be much point in the lenders doing it. Try going to the bank and getting a 1 month loan and paying about 20p interest on it!

How would anybody taking out such a loan be stupid? £400 for a week then you get "screwed" for £33.89. Yet presumably if they went to the bank and got a 10 grand loan and had to repay 20 grand over 10 years they would be really smart. Yes, OK whatever.

Like anything in life, they're good in some situations and bad in others.

 

[Kev Gee]

Are we still talking about this nonsense?

People who use them are stupid are they?
I don't need to use them, i have plenty of savings these days, but i did need to use them a few times going back maybe 10 years or so. I never got in any trouble, i repaid them on time and thought it was really useful.

I've just gone on the Wonga site out of curiosity.
A £400 loan for 7 days would cost £433.89.
Ooh £33.89 interest. Scary.
For 30 days it would be £527.15. By my reckoning that's interest of 31.7875%. Obviously it's a rip off, but if you need the money then that's the choice you have to make. Talk of 2000% APR is an utter nonsense. Obviously a 1 month loan isn't going to be the same APR as a longterm loan. If it was, you would be paying pennies in interest, so there wouldn't be much point in the lenders doing it. Try going to the bank and getting a 1 month loan and paying about 20p interest on it!

How would anybody taking out such a loan be stupid? £400 for a week then you get "screwed" for £33.89. Yet presumably if they went to the bank and got a 10 grand loan and had to repay 20 grand over 10 years they would be really smart. Yes, OK whatever.

Like anything in life, they're good in some situations and bad in others.

Agreed. its not the best thing to do. But hey, if it puts food on the table then so be it.
I know if push came to shove & i didnt have anywere to turn then i would have to think about doing such a thing. Hopefully i wont ever have to do such a thing.

Its not great to have them on our shirts as these companies are seen as abit 'nasty'.

Id rather be sponsored by these kind of companies other than companies that profit off people on lower incomes such as Brighthouse & Perfect Home.

 

[WaveyDavey]

Are we still talking about this nonsense?

People who use them are stupid are they?
I don't need to use them, i have plenty of savings these days, but i did need to use them a few times going back maybe 10 years or so. I never got in any trouble, i repaid them on time and thought it was really useful.

I've just gone on the Wonga site out of curiosity.
A £400 loan for 7 days would cost £433.89.
Ooh £33.89 interest. Scary.
For 30 days it would be £527.15. By my reckoning that's interest of 31.7875%. Obviously it's a rip off, but if you need the money then that's the choice you have to make. Talk of 2000% APR is an utter nonsense. Obviously a 1 month loan isn't going to be the same APR as a longterm loan. If it was, you would be paying pennies in interest, so there wouldn't be much point in the lenders doing it. Try going to the bank and getting a 1 month loan and paying about 20p interest on it!

How would anybody taking out such a loan be stupid? £400 for a week then you get "screwed" for £33.89. Yet presumably if they went to the bank and got a 10 grand loan and had to repay 20 grand over 10 years they would be really smart. Yes, OK whatever.

Like anything in life, they're good in some situations and bad in others.

The following is just copy and pasted from the front page of the Wonga website.....


"Representative example
Amount of credit: £150 for 18 days. Interest: £27.99. Interest rate: 365%pa (fixed). Transmission fee: £5.50. One total repayment of: £183.49. Representative 5835% APR."

Personally i'm not bothered about the fact a pay day loan company are sponsoring our shirts. I'm sure there are just as many people who think alcohol companies shouldn't be sponsoring shirts etc....



But that's just my own opinion.



Cheers

Dave.

 

[SwissBlade]

I can't believe this has stretched to 10 pages. But in summary.

Pay day loans, bad but necessary. They make no attempt to hide their rates.

Blackpool used to be sponsored by Wonga didn't they? I don't remember people complaining then, but now the world is in uproar

It probably wont happen now, so I'm excited to reveal our new sponsor. Here's the marketing blurb:

"In an exclusive link up with a Middle Eastern Country (thought to be the first of its kind) we're proud to announce a link up with Syria's respected and adored leader Mr Assad. The deal is unique as it allows Syria to push forward it's restructuring of the country through the new programme 'Syrian Assad's Restructuring is Now' or S.A.R.I.N for short"

S.A.R.I.N just pipped "the Nigerian lottery" to the sponsorship deal

 

[Bladesway]

My own opinion I have no issue that they exist because i understand there is a market for them. As for those who say are we still talking about this, yes because some of us care passionately about standards. Apparently however this isn't something that matters so long as we pocket a chunk of cash for having them on a shirt.

 

[maxtheblade]

On a lighter note. I took my son to a mini rugby tournament at Slough RFC once. There were 5 year old kids running around in Slough kits sponsored by Spearmint Rhino, a 'gentlemens club'.
Wonga is tame in comparison.

Puts me in mind of my days playing cricket in Liverpool. One club, Southport Trinity, proudly announced a sponsorship deal with "Nice 'n' Naughty" sex shops - to be worn on all senior and junior playing shirts. The league (sponsored themselves by a gambling company) were outraged and threatened a points deduction if they didn't cancel the deal. Classy.

I've dealt with payday loan providers through work and they claim its no different to if you borrowed £50 of a mate for a week and bought him a couple of pints to say thank you. Except if you try and go for a mortgage within a year or two of getting one the lenders will run a mile!

 

[Woodwaaard]

"P.S I don't think its happening now so I suppose its a waste of pixels thankfully, but I can't help but wonder when the drop in standards is actually going to stop being validated by people. Its as if having some class is actually a bad thing in todays world. I know where I can get a loan, but I don't want my kid wearing it on his shirt at 4 years old."​

The deal was signed some time ago and, as far as I'm aware, it's still going to go ahead​

I live in hope................​

 

[sheffielder]

My own opinion I have no issue that they exist because i understand there is a market for them. As for those who say are we still talking about this, yes because some of us care passionately about standards. Apparently however this isn't something that matters so long as we pocket a chunk of cash for having them on a shirt.

But who's standards? We had a company from the gaming industry on our shirt last season. Our most famous sponsor was a brewery.

 

[shorehamview]

I didn't notice any of the hippies moaning when we were sponsored by a timber company, brutally cutting down harmless innocent trees and shaping their murdered bodies to fit humanity's warped desire for floorboards, skirting and cheap furniture.

It's a shame we can't get sponsored by Heckler and Koch, or Raytheon Missile Systems, or Union Carbide. Properly piss people off. It's the new Bladesway - we want to be the new Millwall, except for the following of thick Cockney dockworkers of course.

 

[Bladesway]

But who's standards? We had a company from the gaming industry on our shirt last season. Our most famous sponsor was a brewery.

By my own standards a bottom of the pile loan company who do charge (like it or not) thousands of percent APR is below where I expect a family club to be. Bolton Wanderers happen to agree. Big difference between a brewery and a rip off loan company as i see it. As i say its not happening thankfully.

 

[JohnDenver]

It's the new Bladesway - we want to be the new Millwall

No we don't.

 

[essex blade]

millwall have also turned down a sponsorship deal with quickquid .

 

[Selly]

millwall have also turned down a sponsorship deal with quickquid .

Sound like these payday loans companies are going to be desperate to find a club to sponsor. We should be looking to screw a few more quid out of them....

 

[WhiteHawk]

Sound like these payday loans companies are going to be desperate to find a club to sponsor. We should be looking to screw a few more quid out of them....

Make a Quick Quid you mean?

 

[blade too long]

If they pay us enough to fund the players to get us out of div 1 Id take Fred and Rose Wests bed and breakfast as sponsors

 

[Latters]

If they pay us enough to fund the players to get us out of div 1 Id take Fred and Rose Wests bed and breakfast as sponsors

I have a feeling kingston RAWW might disagree with you on that one.

 

[Sirius]

Ahhh, Quick-Quid..............hmmmmm, just about reflects our quality...

I do wish Torrix, that they would have the brakes relined and bring this pile of odour to a halt.

 

[Sirius]

If they pay us enough to fund the players to get us out of div 1 Id take Fred and Rose Wests bed and breakfast as sponsors

Just out of interest did you know that Fred was killed/hung himself. take your pick.

 

[Sirius]

Appropriate given the interest Mr McCabe charges SUFC.

Which company have the clowns gone for?

Would you enlighten me/us please. What is the current interest rate charged by our leader?

 

[blade too long]

Just out of interest did you know that Fred was killed/hung himself. take your pick.

my point is pay day loans are on tv, how many people really buy things advertised on 11 men running round a field in league one by comparison

Im sure that if they that run tv , including the government ,think cigarettes can be banned from advertising , but think this is fine, who are we to argue

 

[raul]

Don't ever change Beetle.