Pretty Penny Loan Advertisement on Neighbourly
There has been a sponsored post on Neighbourly recently advertising a company called Pretty Penny Loans. According to their website, they specialize in short term loans up to $500, and charge 1% per day. In addition to this 365% annual interest rate, they charge a $64 loan origination fee as well as a $24 account set up fee. So if you borrowed $100 for a single day, your would owe them $189.
This is predatory behavior, similar to mafia loan sharking. I am saddened that a website that is supposed to promote positive neighbourhoods would stoop to advertising a company that hurts the most vulnerable people.
If Neighbourly continues to be unneighbourly by continuing to promote shady businesses such as this one, I will deactivate my account and strongly recommend to all of my friends to follow suit.
Accepting advertising from companies such as Pretty Penny is against the primary values put forward by Neighbourly (promote strong and vibrant neighbourhoods).
Best regards,
Joe
Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?
The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑
Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.
We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?
Want to read more? The Press has you covered!
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58.5% Human-centred experience and communication
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13.6% Critical thinking
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24.5% Resilience and adaptability
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3.4% Other - I will share below!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.7% Yes, supporting people is important!
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26.3% No, individuals should take responsibility
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14.1% ... It is complicated
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