Mike Desams

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London, England, United Kingdom

Member since September 28, 2010

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I am a student at the moment studying finance, my interests are peace and better living for all man kind. That is why i want to advocate against lending practices of some lenders; people with bad credit are desperate to get loans but very few lenders will do, and when they can lend to them its unreasonable interest rates; a loan with bad credit can be up to 200% interest rate, this doesn't make it any easier to pay off the loan. its no wonder the poor people get poorer in our society!