Oh Dear: Britain's streets of debt: Borrowers beware

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The Lone Gunman replied

6 June 2006, 09:54
Originally posted by milanbenes

£1 trillion in mortgages alone.

Doom and gloom. As long as there is no property price crash then these mortgages are secured against £3 trillion in property.
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Xenophon replied

6 June 2006, 09:52
Originally posted by lORD lUCAN

Should have been wrote off as midadventure, poor woman. Bet she thought, ah its only 2.5 grand, I'll soon pay this off !! 18 YEARS later she's fighting to keep her house !!, sick...............

Agreed. The guys that do this sort of thing are, in the words of Alan Partridge, scum, sub-human scum.
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lORD lUCAN replied

6 June 2006, 09:48
Originally posted by Xenophon

One has to chuckle at somone paying 40% interest to be honest...

Should have been wrote off as midadventure, poor woman. Bet she thought, ah its only 2.5 grand, I'll soon pay this off !! 18 YEARS later she's fighting to keep her house !!, sick...............
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Xenophon replied

6 June 2006, 09:45
Originally posted by DimPrawn

Why do you care? You've already escaped.

I thought you'd just sit back and chuckle at the headlines?

One has to chuckle at somone paying 40% interest to be honest...
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DimPrawn replied

6 June 2006, 09:42
Why do you care? You've already escaped.

I thought you'd just sit back and chuckle at the headlines?
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milanbenes started a topic Oh Dear: Britain's streets of debt: Borrowers beware

6 June 2006, 09:27
Oh Dear: Britain's streets of debt: Borrowers beware

http://news.bbc.co.uk/1/hi/business/5030820.stm

"Debt has soared in Britain in recent years, and home ownership is a key part of that trend. We owe close to £1 trillion in mortgages alone.",

http://news.bbc.co.uk/1/hi/business/4621002.stm

'Caller deluge hits debt helplines ',

Milan.
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