Student loans could fall to zero percent
Deflation has occurred for the first time in the UK since the 1960s and the Retail Prices Index (RPI) figure has been used to track the interest rate payments on student loans.However there has always been much speculation as to what would happen if the RPI would turn negative and yet last month, this stopped [...]
Publ.Date : Sat, 25 Apr 2009 06:35:44 +0000
Loan sharks set to profit from recession misery
Financial difficulties caused by the recession will drive up the number of consumers borrowing money from illegal lenders and loan sharks, the Money Advice Trust (MAT) warned this week.Brits seeking a quick cash injection will be tempted by the lure of easy money that loan sharks appear to offer.“It could be that someone is worried [...]
Publ.Date : Mon, 01 Jun 2009 12:18:49 +0000
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