Pay Day Loans

Posts
9
Created
11.12.2020

Poll: Pay per Day

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Citizen

Level 129
Sex Appeal 1695853
Reputation 259681
Posts 7188
Freethinkerland
11.12.2020 18:13:58
HeavenLeighBimbo

I just got a real-world, company e-mail that really disturbed me.
 I would like to gauge how random people would react to something like this.  Without going into to much detail:  
         There is a web-based loan company, that is offering 'pay-day-loan's on received earning's, PER DAY via a cell phone app. To subscribed Hourly Employees.   It sounds great on the surface. 
                                   Almost like a Credit Card that spend's your money, AS you earn it.

        For some reasons this seems like a very bad idea, for people already living week-to-week on a pay-check.
   I am honestly curious, because ; I work for a very socially aware corporation.  This has already been decided with corporate, assistance to the 'web-base' 3rd party 'Loan company'.

[ but ]  I believe it will be a disaster to the hourly paid employees.  For many reason's, yet professionally
              #1: it is a total breach of corporate security, concerning employee documentation.
                                                Just my opinion of course.

                I wonder if you would also use a service like that?

   Breaking New's :  It is Coming SOON to you too, only if your still employed in a 'Top Tier', Corporation with a guaranteed income.    To bad, for the few working-poor, who get themselves in DEBT with the 3rd-party 'Loan-Shark's'........
    \They may as well say, "Good-Bye, JOB".....   too./

11.12.2020 18:13:58
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Citizen

Level 18
Sex Appeal 4162
Reputation 4322
Posts 45
Agnostica
11.12.2020 18:49:21
GnormanTheTallGnome

Wacky

11.12.2020 18:49:21
Citizen

Level 129
Sex Appeal 1695853
Reputation 259681
Posts 7188
Freethinkerland
11.12.2020 19:09:58
HeavenLeighBimbo

In my opinion ; the most insane is that the corporation involved, literally SOLD the DATA, of over 60,000 current employees, to a 3rd party, web based 'Loan- company'.    I have the actual name, but it is not important to this poll question.
     
   When I got a Job at the Corporation, in Question,   I never gave authorization, to sell my personal DATA to a web-based 3rd party.  Nobody else was ether, as far as I KNOW to this DATE.
         Lucky for me I am corporate,  so those little pesky little matters don't really apply,   HUH?

    The men I work with, on an hourly basis are worth my LIFE. 
                               I will support them as such.
   Everyone deserve's Privacy, in the Work-place. [ among other area's too ]

11.12.2020 19:09:58
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Senator

Level 235
Sex Appeal 10865922
Reputation 391010
Posts 2109
Agnostica
11.12.2020 19:45:44
craigslist-stripper

HeavenLeighBimbo wrote:
    The men I work with, on an hourly basis are worth my LIFE.
                               I will support them as such.
   Everyone deserve's Privacy, in the Work-place. [ among other area's too ]
no one i work with is worth my life. one of my coworkers cuts up hotdogs and puts them on a pizza and runs it thru the oven. i would NOT die for that guy

also i get my wage paid to me every day when i clock out of work. im a delivery driver and all the money i made that night in tips (90% of my income) goes to a cash card for me to take out immediately. i dont understand how this is bad for someone living week to week? i don't have extra money sitting around as a safety fund, if i need cash i can pick up an extra shift and clock out with like $70. this is incredibly helpful and i still save money week to week to pay my bills because im a competent adult i just make peanuts and have nothing for a real savings.

also also every company in the world sells your data. embrace it and the targeted advertising. google knows my interests better than i do and they give me great youtube recommendations because of it. true digital privacy is impossible in this day & age

11.12.2020 19:45:44

Legal Alien

Level 30
Sex Appeal 21652
Reputation 11231
Posts 214
Atheista
11.12.2020 19:53:36
mizzery

I think "loan" is the inflammatory word here, and what makes this scheme seem so predatory. Direct deposit my pay into my checking account, or we're not working together.... period. If you don't want issues with larger companies selling your information,  then work with a small business who can't figure out how to do that. It's worked for me so far ;)

11.12.2020 19:53:36

Senator

Level 235
Sex Appeal 10865922
Reputation 391010
Posts 2109
Agnostica
11.12.2020 20:04:38
craigslist-stripper

i guess it depends on how much the interest for the loan is - payday loans can be predatory that way. im assuming this app will calculate how much youre set to earn based on your hours and then give you access to it each day, which does sound helpful. if the interest on that loan is minimal i think it could be alright, especially if you dont rely on it. i think the key is always just paying attention to where your money is going and making sure youre saving enough for the end of the month

11.12.2020 20:04:38

Citizen

Level 129
Sex Appeal 1695853
Reputation 259681
Posts 7188
Freethinkerland
11.12.2020 23:13:27
HeavenLeighBimbo

The info-graphic: included showed the actual page...   and it actually looked, very much like an ATM you would find at a shopping center,   but a phone app instead, linked to company payroll data.
   I really do see the possible use for it,   but also see how someone already in financial trouble, could be caused even more trouble when losing a Job too.   I certainly don't think it is fair,   but........
   I'm just a Cog, in a corporate shell.
   It's not my 'Pay-grade' to question my e'mail.
   I can even ignore, them if I have too.

   I seriously don't like using anything other than CASH..... 
                   I know I'm old-fashioned like that.
  Now day's, it is fun to pay with a 2 dollar Bill, while wearing a mask.......

11.12.2020 23:13:27
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Senator

Level 240
Sex Appeal 11928285
Reputation 647159
Posts 6361
Freethinkerland
11.12.2020 23:18:42
LillyAnn

That's bad idea. Don't use apps for paying, it's not really safe. And it's better to be more in control of your own money!

11.12.2020 23:18:42

Welcome new bimbos & himbos ❣   

I identify as transparent, pronounces who/where
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Citizen

Level 131
Sex Appeal 1775923
Reputation 155590
Posts 1282
Freethinkerland
12.12.2020 07:07:20
Cum_Dumpster

In my experience, these things seem to always get you because of interest rates. That and a lot of times they purposefully prey on the people that just aren't smart enough or experienced enough to understand just how screwed they will end up being in the long run by this stuff. Shady shit.

12.12.2020 07:07:20
ChumDumpster's wife irl  
Update 2022: Site has been soured for me so I took a break. Still not certain about coming back...

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