A, COOL MONEYLENDER

Evening Star, Issue 17032, 1 May 1919, Page 4

A, COOL MONEYLENDER

Strong indignation at the methods of a moneylender, who clung to a borrower lor 11 years, sending him "dunning" letters for which he actually charged, was expressed by Judge Cluer at Shoreaitch County Court. Not only did the claimant, a Stratford moneylender, claim the balance and interest of a loan made to a L.C.C. employee as far back as 1908, but he also asked for 30s, his charges for making calls to try to collect the money. "tiet awav." exclaimed the judge, " and deal with your wretched victims, but do not try to impose on me. You know you have no right to charge for ' dunning letters.' " The moneylender: But if a man won t pay I must call. The Judge: " You are ashamed ot your own name, as vou trade under the name of a 'Loan Office.' You are ashamed of vour business, too, I should think." " Judge Cluer disallowed the charges, but allowed 6s 6d interest from the date of the defendant's last payment, nine years ftg°- • ~ The moneylender: " But if a man won t pay I must call."