StickyMicky

i think i get around 5.5-6% interest on my barclays "e-savers" account (online only)

edit.
just checked online and it seams i don't get anywhere near that lmfao could have sworn i did (i only use it for VAT and TAX payments)

NotoriousREV

Why thank you

Here's to no comeuppance!

hoskib

iTrader: (1)

i'm struggling to get my head round these rate cuts.
no-one is going out and buying more stuff than before, the people i've spoken to seem to be even more keen to hold onto what left of their savings and borrowing money hasn't been this expensive for ages.
i haven't used a credit card for ages and couldn't believe how much they'd gone up to, loans seem to be silly high APR now aswell.

granted a few peeps are paying less on their mortage, but are any of the cuts actually making a blind bit of difference?

lozgti

I loved the Currys advert last night for buying a telly from them on credit.

29% APR.......why would anyone take that up?

Gear Head

iTrader: (2)

Isn't it interest free if you pay it off in the first year?

That's how I got my laptop from PC World last November.

lozgti

Maybe,I don't know.

Just thinking about people who would seriously consider paying finance at those rates when bank rates and even credit card would be cheaper (if you went into the finance period)

I'm going a bit OT though.I still agree with all those saying it doesn't seem to have made a blind bit of difference except maybe stopped some reposessions.

I'm just wondering how quickly it would go the other way and when that will happen (seeing as they are talking 0% by spring)

fast bloke

I've always thought that!!

btw - You can't 'learn' someone something.... did you drop out of English on the same day in playschool that you dropped out of economics?

fast bloke

That bit scares me - I think they are working on an economic tank slapper


On the bright side - I have a client who now pays 56p a month interest on his 700k mortgage. It should actually be zero, but the lenders computer system can't understand 0% mortgages. He got a call this afternoon explaining this and telling him he would get a refund of any overpaid 56p's when they fix the system

dpb

....and of course its still way too early to tell whether the 15% vat rate has made any difference

my fat hairy **** it is

dpb

your 8 months behind

StickyMicky

i know

to be honest, i never realised that it had went down lmfao!