adds zero to the discussion, usual diatribe from Ellal
Interest rates up
- Thread starter JohnD
- Start date
adds zero to the discussion, usual diatribe from Ellal
Sponsored Links
adds zero to the discussion, usual 'same old same old' from notchy...
I guess because you've realised you've lost the argument you are aiming to get the thread locked?
Meanwhile valuable lessons to come will probably never be heard - nice one notchy
Do you consider yourself to have superior knowledge and therefore are best placed to 'educate'
S
sodthisforfun
No you haven't answered the questions.
You just asked your own. Here's a reminder of your 'answers'.
What makes you think it's your place to question my educational/factual post?
You tell me, grasshopper
Sponsored Links
S
sodthisforfun
Have I insulted you personally on this thread?
- Joined
- 7 Jan 2010
- Messages
- 13,476
- Reaction score
- 3,368
- Country
No, but one of his lefty lackeys was getting a verbal pasting, so felt the need to protect.
- Joined
- 25 Jan 2017
- Messages
- 4,726
- Reaction score
- 64
- Country
If posters have realised that the discussion has deteriorated into a cycle of abuse and insult, (and they evidently have) why continue?
Additionally, why do others feel the need to join in the deteriorating cycle of abuse and insult?
Additionally, why do others feel the need to join in the deteriorating cycle of abuse and insult?
This person has a long history of instigating abusive insulting posts, so he is well equipped to provide an answer.
You do not simply ask questions.
You ask leading questions because of a sanctimonious attitude.
You think its clever.
It is not
You do not simply ask questions.
You ask leading questions because of a sanctimonious attitude.
You think its clever.
It is not
Which makes you think you are cleverer.
Do you think I aspire to be as clever as you ?
I am not the one asking leading question, you are.
Are you not able to make a post without asking a question?
Ok, let me put it differently.
You may consider yourself clever. I definitely do not aspire to be as clever as you.
I guess you could have an argument in an empty room !
- Joined
- 31 May 2016
- Messages
- 17,421
- Reaction score
- 2,644
- Country
While I don't think the state is responsible for people's earning potential beyond giving them a decent free education, I do think more could be done to address the truly ridiculous lending models and adverts that promote people taking short term loans. We've had 10 years of very low interest rates and at the same time a massive growth in high interest short term lenders. The one I singled out "Amigo" provides the least value of all. Guarantor loans have all the disadvantages of a high interest rate loan without any of the advantages. At no point is the guarantor protected. In almost all situations the Guarantor would be better borrowing the money themselves at the rate they can get (which will be a lot less than 40+%) and lending it to the borrower. At least then they could sue the borrower for default. As it currently stands the borrow pays interest rates based on their status, the Guarantor is jointly and severally liable for the debt, and has no legal recourse against the borrower unless they have specifically agreed a contract. Frankly the only one profiting is the lender - almost risk free.
They don't even do that...
University fees at over £9k a year, and an interest rate of 6% from day 1 of the loan!
(Let alone the 'top ups' that most primary/secondary schools now ask for)
Because those in greatest need are unable to access the deals that more well off people take for granted.
49.9% is a 'steal' compared with other more well known loan companies/sharks!
(Peer to Peer lending is an interesting alternative)
A good point.
For example, should we wish to help out our children further (most is already taken care of, and virtually no future Uni debt courtesy of EU/EEA countries) or if they wish to borrow from us, we could get a small mortgage against a property over 10 years, currently at a 'whopping' 2.39% !
However they already have a reasonably good credit rating (through us), and could access loans (albeit at slightly higher rates) from the off.
(A bit like car insurance. Slightly cheaper in the short term to be a 'named driver', but in the long run more expensive by not improving your own NCD.)
So what that means is that wealth creates/protects wealth - a situation that the majority of people in this country won't enjoy!
Hence going back to my original reply to you about saving rates going up - "For the lucky few to be able to save of course..."
PS. Anyone seen any savings rates actually going up yet?
Sponsored Links
