“Someone" is a loan shark
You give him your benefit card as security and he gives you a loan
On the day your benefit arrives, he gives you back the card
And you go to the post office to get your money, repaying him the interest
It's a modern version of Shylock's business model
Usury is alive and well and living in Scotland
These are some pages from the loan book of a Glasgow loan shark
And it's kind of interesting to see how the business model works
You lend out maybe ￡10 to someone and you expect to be paid back ￡12.50 at the end of the week
That's 25% a week
But if you work that out at an annual rate it comes to 11 million percent