My Opera"Warning to families. Interest rates to go up" shock horror terror. "Oh. Good." Says your hero.
Friday, May 13, 2011 7:27:56 PM
It was the headline on the Daily Mail yesterday (Well, up to the word 'shock' anyway). Underneath was a story about the dire straits that families in debt will find themselves in.
Why? Anyone who took out a loan at the current rate and didn't think it might go up sometime would have to be a bit simple (And might have a good case for a 'Wrongful selling' claim too). The fact is that, as a net saver like most of the country, I have been subsidising borrowers ever since the banks took a nose dive.
I look forward to getting a little interest on my savings.
It'll be good to get a bit of money back from the banks instead of them using it all to make political donations.
...And to pay themselves bonuses.
Why? Anyone who took out a loan at the current rate and didn't think it might go up sometime would have to be a bit simple (And might have a good case for a 'Wrongful selling' claim too). The fact is that, as a net saver like most of the country, I have been subsidising borrowers ever since the banks took a nose dive.
I look forward to getting a little interest on my savings.
It'll be good to get a bit of money back from the banks instead of them using it all to make political donations.
...And to pay themselves bonuses.
