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: Do you think NZ should ban social media for youth?
The Australian Prime Minister has expressed plans to ban social media use for children.
This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
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Do you think NZ should follow suit? Vote in our poll and share your thoughts below.
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84.6% Yes
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14% No
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1.4% Other - I'll share below
What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
Riddle Me This: Can You Out-Smart Yesterday’s Champ?
How can the number four be half of five?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
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