Former Farepak customers to get half their cash (From Lancashire Telegraph)

There needs to come a change in the laws of this land, to make those whom we trust with our hard earned money, legally responsible for it's safe-keeping. The Farepack debacle is a prime example of how not to do things.

The utter scandal of the way that this firm continued to take in deposits, even though it knew of it's financial situation, should have been a matter for the Serious Fraud Office and subsequent criminal proceedings but, as ever, it's the little person that continually gets robbed by businessmen, as they, the company directors, get to keep their homes and assets.

Given the financial circumstances of the former customers, it is a shame that the others owed monies from this companies collapse couldn't waive their claims up on it and, by proxy, reimburse the customers to a greater degree. The Gov't, cognisant of the facts, could have guaranteed a full refund to all, without a murmur of discontent from it's normally vociferous critics and earned itself a reputation of being the caring body that it purports to be. Instead, it allows the poorest in our society to be trampled upon, yet again, by the financial sector.

There is hardly a sector of any financial dealings that is under so called scrutiny, that isn't being fiddled, on a daily basis, by people that are wandering away with barrow loads of money, while only the little man suffers.

If my words seem to belie a little bitterness, it is simply because my own pension pot, that should be worth enough money for me to retire, with a comfortable pension, has been eroded by wholesale and systemic mismanagement, by a bank that I have trusted since being old enough to open up a school bank account. Add to that, the fact that even after the Gov't bailed them out with hundreds of millions of pounds in order to keep them solvent and lending, they managed to keep the money for their own bonus payments, as the company that I worked for, went out of business.

If nothing else, perhaps a small change to the fine print that comes with financial services packages that states, "investments may rise and fall due to market circumstances OR be robbed entirely through bonus payments made for mismanaging of said funds, without your having any hope of redress", would make people aware of the true risks that they are taking. It's truly nice to think that, while I have scrimped and saved to pay towards my old age, so as not to be a burden on others, that a few bad apples, will have a luxuriant lifestyle that leaves me in an hand to mouth existence until death, by either malnourishment or hypothermia.

I can never understand why people bother with Xmas hamper schemes.
Some of the money they pay goes to the ageny in commission and the goods they buy are top price. At Morrisons you can buy savings stamps and not only get full value for your money but also bonus stamps. Also the goods you eventually but will be discounted as well.

Izanears wrote:
I can never understand why people bother with Xmas hamper schemes.
Some of the money they pay goes to the ageny in commission and the goods they buy are top price. At Morrisons you can buy savings stamps and not only get full value for your money but also bonus stamps. Also the goods you eventually but will be discounted as well.

i think it is usually benefit hounds and gutter scum that usually pay into these things because they don't know any better.

2 FOR 5P - Have you nothing decent to say about anybody? I have already been in dialogue with you re the war veteran's grave, and now I read what nasty comments you have made about the people who paid saved via 'farepak' and lost out.

I personally know people who lost money in the 'Farepak scandal' and none are either benefit hounds or gutter scum. Who do you think you are? I notice you have failed to comment on the people who actually took all the money which wasn't theirs to take - I just wonder what you would say or do about these people - perhaps reward them for their dishonesty?

Have you nothing good to say about anybody? If I had been a 'Farepak' saver, I would challenge you further on the nasty remarks you have made, but there are people in this world, who think they are qualified to say exactly what they want, and obviously you are one of them.

Your comments need to go to a place which you have mentioned - the gutter.

My remarks are not nasty , I just speak as I find.
All I was saying was that anyone with a ounce of sense would keep the money in the bank or do as izanears says a collect Morrison's stamps.

2 for 5p wrote:
My remarks are not nasty , I just speak as I find.
All I was saying was that anyone with a ounce of sense would keep the money in the bank or do as izanears says a collect Morrison's stamps.

No sorry your twisted, you get pleasure from other peoples misfortunes, your delight at farmers and milk prices speaks volumes. How anyone can get pleasure to see hard working people suffer is beyond me, maybe this is just your attention seeking scam I don't know. But one thing I have decided is your a piece of dog t urd and I don't like you :)

2 for 5p - You do seem to have a knack of annoying people with your comments. Next time a topic comes up which you feel you just have to comment on - think twice before you rant on again.

Perhaps you ARE only saying what you think, but to call people who saved with Farepak as 'benenfit hounds and gutter scum' is disgusting.

You still have nothing to say about the Farepak clan who stole all the money - these are the gutter scum, robbing people of a decent Xmas.

Michael@ClitheroeSin
ce58 wrote:

2 for 5p wrote:
My remarks are not nasty , I just speak as I find.
All I was saying was that anyone with a ounce of sense would keep the money in the bank or do as izanears says a collect Morrison's stamps.

No sorry your twisted, you get pleasure from other peoples misfortunes, your delight at farmers and milk prices speaks volumes. How anyone can get pleasure to see hard working people suffer is beyond me, maybe this is just your attention seeking scam I don't know. But one thing I have decided is your a piece of dog t urd and I don't like you :)

Well that's fine by me because I don't like you either and I think you are bellow a dog t urd as you put it

norah bhatty wrote:
2 for 5p - You do seem to have a knack of annoying people with your comments. Next time a topic comes up which you feel you just have to comment on - think twice before you rant on again.

Perhaps you ARE only saying what you think, but to call people who saved with Farepak as 'benenfit hounds and gutter scum' is disgusting.

You still have nothing to say about the Farepak clan who stole all the money - these are the gutter scum, robbing people of a decent Xmas.

as for you who do you think you are. I'll say what I want its a free country there's such thing as freedom of speech. I am not sticking up for the farepak bosses. However going back to the. People who saved, why would anyone save with farepak when they offer poor value? I'll tell you they either have no access to a bank account (oh I wonder why) or they have no will power to save.
Now norah batty tell me what people save with farepez oh sorry i mean farepak.

Who needs David Cameron when we have you?

Wonder what sort of job you have/or had - go one, surprise me.

How do you know whether people have bank accounts or not? You seem to know everything, so suprise me again.

I did say I would pray for you - it obviously hasn't worked.

norah bhatty wrote:
Who needs David Cameron when we have you?

Wonder what sort of job you have/or had - go one, surprise me.

How do you know whether people have bank accounts or not? You seem to know everything, so suprise me again.

I did say I would pray for you - it obviously hasn't worked.

They don't have bank accounts or they would use them to save for Christmas, in stead of using a rip off saving company.

You're having a laugh.

People budget in anyway they see fit, and for you to say that because some chose to save for Xmas via Farepak they only chose this option because they didn't have a bank account, is the comments of a ill informed individual.

Course you can say what you want, your problem being that you seem to object when people respond to your nasty comments.

As for who am I, I am a person that chooses to say what I think also, and I relish the opportunity when I come up against an individual such as you.

Don't like it - TOUGH.

norah bhatty wrote:
You're having a laugh.

People budget in anyway they see fit, and for you to say that because some chose to save for Xmas via Farepak they only chose this option because they didn't have a bank account, is the comments of a ill informed individual.

Course you can say what you want, your problem being that you seem to object when people respond to your nasty comments.

As for who am I, I am a person that chooses to say what I think also, and I relish the opportunity when I come up against an individual such as you.

Don't like it - TOUGH.

you still haven't explained why they choose the most expensive option, s go on suprize me

2 for 5p -

People with average intelligence know, that to save money in the bank these days, does not pay any real rewards - but of course you obviously know different, otherwise you would not have made your ignorant comments in the first place, but then again you probably would, it seems to be a hobby of yours.

People do as they please -

'A little extra put aside, makes a happy Christmastide'

Why do people buy shares and bonds etc - what is their return?
Why do people invest in Insurance Policies - what is their return?

It is not for me, or the likes of you criticize how people spend their money, it is not for the likes of you to insult people either. Do you get a buzz from insulting people?

I am delighted that the Farepak customers are to get some money back, even if it has taken years, and as for you, you worth to me is reflected in your pen name - 2 for 5p.

2 for 5p - Just a thought.....

You will know who Bob Diamond is obviously -

If his job is still up for grabs, why not apply, and put me down for a reference?

I've not insulted anyone all I've done is collectively made an observation and posted what I thought,

I've not insulted anyone all I've done is collectively made an observation and posted what I thought,

2 for 5p -
A 'turncoat' perhaps another of your talents?

I remind you - On Thursday, 12/07/12 at 2.08pm you commented :

'I think it is usually benefit hounds and gutter scum that usually pay into these things because they don't know any better'

Today, at 3.01pm you have commented:

'I've not insulted anyone all I've done is collectively made an observation and posted what i thought'

How in your world, would you class someone who made the comments such as you did on 12/07/12?

In my world, I call it being a bigot.

Whatever way people choose to save does not make them gutter scum - good on them to
save on a monthly basis, to ease the burden at Christmas, good on them indeed, and what ever you think, matters not. You are probably a 'nobody' in their world.

norah bhatty wrote:
2 for 5p -
A 'turncoat' perhaps another of your talents?

I remind you - On Thursday, 12/07/12 at 2.08pm you commented :

'I think it is usually benefit hounds and gutter scum that usually pay into these things because they don't know any better'

Today, at 3.01pm you have commented:

'I've not insulted anyone all I've done is collectively made an observation and posted what i thought'

How in your world, would you class someone who made the comments such as you did on 12/07/12?

In my world, I call it being a bigot.

Whatever way people choose to save does not make them gutter scum - good on them to
save on a monthly basis, to ease the burden at Christmas, good on them indeed, and what ever you think, matters not. You are probably a 'nobody' in their world.

if they can't afford christmas then they should give it up. They should keep there money for more inportant things like food and decent clothes.

:-)

2 for 5p

What took you so long?

Wondered where the little ray of sunshine was.

You ever tried telling a child that there was not enough money to buy presents?

No, the people who saved with Farepak displayed an ability to spread the cost, and despite your ignorant comments, it must have been dreadful when the company failed to deliver weeks before 25th December.

People save with Park Hampers as well - is that against your principles as well?

One last comment - Get over yourself.

Hey norah I have it now your one of the saps oh sorry i mean people :-) ,who have lost money though farepak. :-)
How much was it then £100 £200 £500. :-)
I fool and his/her money ect. :-)

How did I know you'd get it wrong. Although I have nothing against it, I didn't save with Farepak - I used the other one, Park Hampers.

Another proverb for Victor Meldrew, oh sorry, 2 for 5p -

'He/she who laughs last, laughs longest' and I'm laughing at you.

Merry Christmas Sunshine

Benefit Hound - never claimed a benefit in my life
Gutter Scum - would not put myself in that category either.
Worked full time for the past 15 years for the same company of which i am a manager, i was an agent for farepak at the time it all fell over and ALL of my customers WORKED with me, it was a simple weight off the mind for christmas, maybe it was not the best value for money out there but my customers and I never faced a credit card bill in January like a lot of people i know, christmas was paid for in advance. 2 for 5pm you really ought to find out the facts or keep your comments to yourself

loobyloo17 -

It seems nobody agrees with the nasty and bitter comments of 2 for 5p - but with a pen name like that, suppose we can expect anything.

From the comments given so far, he has been put 'bang to rights' no wonder he has gone quiet.

Crikey I can't believe you think farepak and park were god saving schemes, you'll be saying provident and shop a check are cracking value next

Do I really care what you believe? What's provident and shop a check?
Obviously schemes which you know all about - educate me.

Seen your comments re the deployment of the forces for olympic security - guess what I actually agree with you on the one - now there's a surprise.

norah bhatty wrote:
Do I really care what you believe? What's provident and shop a check?
Obviously schemes which you know all about - educate me.

Seen your comments re the deployment of the forces for olympic security - guess what I actually agree with you on the one - now there's a surprise.

provident are a door step lending company that prey on the low income and benefit claiming people. They offer fast loans to anybody then charge them massive repayment Apr.
Some of there customers pay out half of there benefit money to them.
the other one is bright house now that is a high street theif.

Given all the many cuts that this government have imposed on people, perhaps 'Provident' are the only option, likewise 'Brighthouse.'

If this the ONLY way that people can get money, it is sad, and yes, I agree, the massive interest rates should be monitored, but it appears that these loan sharks are a law unto themselves.

Farepak were a totally different option, and it is excellent to hear that the people who saved with them are at least going to get half of their money back - half is better than nothing any day of the week.