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(BBC)   UK interest rates stay at 0.5%. Enjoy your 18% credit cards, blokes   (bbc.co.uk) divider line 10
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419 clicks; posted to Business » on 08 Sep 2011 at 10:04 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



10 Comments   (+0 »)
   

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2011-09-08 10:24:20 AM
Don't spend what you don't have, tosspot.
 
2011-09-08 10:55:26 AM
Unsecured credit, how does it work?
 
2011-09-08 11:02:04 AM

Harvey Manfrenjensenjen: Unsecured credit Usury, how does it work?


FTFM
 
2011-09-08 11:34:17 AM

imashark: Harvey Manfrenjensenjen: Unsecured credit Usury, how does it work?

FTFM


I'm glad you feel that way. So let's make a deal... I want you to provide me with instant access to $10,000 to use whenever and wherever I see fit. I offer nothing as collateral. In fact, I might not even bother to pay you back at all. If I do, it will be when and for an amount of my choosing; you have no say in the matter. If I do decide to pay anything back, for every $1000 I borrowed I'll thrown in up to $20 extra for your trouble. Maybe.

Deal?
 
2011-09-08 11:44:00 AM

Harvey Manfrenjensenjen: Unsecured credit, how does it work?


Pretty well, for me. I just got an unsecured loan from my local bank to consolidate some medical bills. $3400 for 12 months at 6%.
 
2011-09-08 11:56:01 AM
So you will be coming here with all that extra cash to do your Christmas shopping then?
The USA thanks you.
 
2011-09-08 01:53:38 PM

cig-mkr: So you will be coming here with all that extra cash to do your Christmas shopping then?
The USA thanks you.


yes, we're well worth the money, we pose an exceptional value, and we make a great gift!
 
2011-09-08 04:33:45 PM
Weak.

29% in Venezuela.
 
2011-09-08 08:48:15 PM
Oh geez. You mean that money is a form of property like any other? And if I want to borrow it, I need to pay a mutually agreed upon amount of rent for the privilege? Why didn't you say so?
 
2011-09-09 11:26:10 AM
I'm going to have to go with either subby fail or unsuccessful troll.

I'm no economist, but isn't that rate the same thing as our Federal Funds Rate, which I believe is currently being held at 0.25%, or half that of the UK?
 
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