Monday 14 November 2011

A Country unfit for Heroes?

This story should run and run until those who make fortunes from the fiscal misery of the inadequately paid Forces are themselves put on the Front Line.

At least Stella Creasy(Labour Walthemstowe) has shown balls and put her head over the parapet, but she has to learn that it was her Government that got us into this war we did not want, and into all the debt we cannot afford to service.
Amplify’d from www.mirror.co.uk

Legal loan sharks target soldiers battling to survive on low military wages

 Soldiers from the Alpha Grenadier Company attend a Remembrance Day (pic: PA)
Soldiers from the Alpha Grenadier Company attend a Remembrance Day (pic: PA)

Over the past few days a grateful nation has being paying tribute to the sacrifices our brave armed forces make while serving their country.
But while millions honour the dead, legal loan sharks have been trying to lure living servicemen into taking out short-term loans with massive interest rates on repayments.
Online firms such as QuickQuid and Easymilitaryloans are targeting military personnel struggling to make ends meet on a regular soldier’s wage of £17,265.
The annual payback rate is 1,734% but in reality customers will end up forking out 359% – 10 times as much as the most ­expensive credit cards on the market.
It means someone who borrows £50 will have to pay back £65 over a 30-day period.
Read more at www.mirror.co.uk

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