Labour pays homage to Iron Lady

[Beskar]

As has already been pointed out your system will return the world to a place where only the toffs get credit and the rest of us are locked out of a system where we couldnt even borrow to fix the roof on our houses.

???

You can't just invent things. There are things such as "insurance" you know, there is saving money opposed to mass spending like we did. There is still normal people taking out small loans which they can repay.

Also, why would a toff need to take a loan? They got the money already.

[gaelic cowboy]

???

You can't just invent things. There are things such as "insurance" you know, there is saving money opposed to mass spending like we did. There is still normal people taking out small loans which they can repay.

Also, why would a toff need to take a loan? They got the money already.

Ah but you would not allow this to happen because often insurance companies take on risk which you are adverse to so eventually even I would not be insured for my house.

Toffs have always borrowed money at very nice interest rates thats why when my dad borrowed years ago he practically needed a letter from the bishop as to his character for the bank manager and it was at a cruel interest rate which took years to pay off.

So you see no small person will get past the door and will generally be barred from taking that small loan you talk off

[Beskar]

Ah but you would not allow this to happen because often insurance companies take on risk which you are adverse to so eventually even I would not be insured for my house.

Toffs have always borrowed money at very nice interest rates thats why when my dad borrowed years ago he practically needed a letter from the bishop as to his character for the bank manager and it was at a cruel interest rate which took years to pay off.

So you see no small person will get past the door and will generally be barred from taking that small loan you talk off

Not really, insurance works on the statistical chance of you not claiming for anything, thus receiving money for nothing. It depends on situation and people are willing to pay.

Also, not they wouldn't unless they have a poor credit rating or simply have no chance or repaying it back. It is a case-by-case basis, and since we are talking about something different, you cannot use the current system to say the flaws, as it is a different situation. It would be like talking about the flaws of a car in a sandpit, opposed to a car on the road.