Consumers are quickly finding that it is getting very difficult to get a cheap loan, even if they have terrific credit. Banks are increasingly hesitant to offer low rates and although central banks have been dropping the general interest rates, banks simply are not following suit. Currently, across the UK, there are only a handful […]
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Concern Grows Over the Buy Back Of Cheap Loans
Posted on May 24th, 2008 by justin
The concern over private equity investors or the companies they own buying back cheap loans at a discount from banks and undermining the principles of lending groups is growing daily.Banks are becoming concerned that the companies will start grabbing up members of a lending group so they can purchase their own cheap loans when the […]
Cheap Loans Getting Bigger
Posted on May 15th, 2008 by justin
For those looking to get a cheap loan, the best answer may be to get a bigger one. Currently, according to market trends, the cheap loans right now are the ones that are definitely the biggest. All told, the rates on so-called jumbo loans have fallen nearly one half of a percent, making them one […]
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