Archive for November 2008

Great News!

Great News Today!  The interest rate is down by a massive 1 1/2 per cent, the lowest since 1955!  Hopefully the banks and building societies will now drop the mortgage rates and allow people to borrow money again.  This in turn should be a help to small businesses and to the property market as well.  This has surely got to be a move in the right direction.      www.JoinTheWorld.co.uk

Don’t pay over the top for credit

Please avoid companies that are offering a chance for you to pay weekly for your purchases but they charge you the most horrendous amount of interest, sometimes around 30%.  This is outrageous and to be avoided.  Be careful, read the small print, delay purchasing if you cannot afford the item.  Do some overtime or odd jobs for people until you have enough money to pay for the item in cash.  When the bank base rate is so low it is rhidiculous to waste money by paying way over the top for credit charges and interest.  Think twice, this is a warning to us all.      www.JoinTheWorld.co.uk

|