Loansharking to the extreme

Apr 7, 2010 | | 0 comments |

Whilst in England we noticed there'd been a huge increase in the number of cheque-cashing and payday loan places. Talk about legalised robbery. This one, photographed off TV, is offering a very reasonable APR of 2356%.
Or to put it another way, if you borrowed £200 off them for a week, you'd be paying them back £290.61 after 7 days.

Spirit Airlines is taking the piss

Apr 6, 2010 | | 1 comments |

Starting in August, Spirit Airlines are going to take the piss if you try flying with them. Not only do they charge for checked luggage, but they're going to charge $45 each way for carryon bags too. That really is the beginning of the end - if they get away with that, all the airlines will do it. Because flying is already such a luxurious, relaxing experience.
It really is taking the piss too, because unlike a couple of years ago when aviation fuel was at an all time high because of the price of oil, this year it's about average - or more specifically - half of what it was two years ago.