BMX General > BMX Chat
WHAT WOULD YOU DO???
JT71:
buy a load of Nissan Figaros, they are a used car that actually appreciates each year. :daumenhoch:
or buy a load of smack, cut it with talc and punt it out.
munners:
Just so you know guys......and i aint scaring ya here. :shocked:
I trace people for banks and building societies, car finance firms too. Not nice i know.
You would not believe how many houses are being repossessed at the moment as people cannot afford to pay off their mortgages.
People have been borrowing far too much and its the banks that are to blame. We all know that so there is nothing new there. But.......... it is a mirror image of the early 90's. If the property market crashes then the UK will be in turmoil as a vast number of people have invested heavily into their homes over recent years.
I dont have savings as i have ploughed everything into my house. I am lucky that i have large equity in it but at the moment i wouldnt mind selling up and having money in the bank, going into rented accom and seeing which way the tide turns!
If i was you John i would hold tight mate. ;)
Moose:
Here's my 1 step plan to financial success (not that you should listen to me or anything)
* Reduce the interest rates you pay and increase the interest rates you earn
If you have credit cards you pay interest on - change them to 0% ones (but don't keep spending money you don't have)
If you have a SVR mortgage - change it to either a Fixed, capped, discount or an Offset (if you have a decent amount of savings)
Jt:
--- Quote from: Munners on January 24, 2008, 02:37 PM ---Just so you know guys......and i aint scaring ya here. :shocked:
I trace people for banks and building societies, car finance firms too. Not nice i know.
You would not believe how many houses are being repossessed at the moment as people cannot afford to pay off their mortgages.
People have been borrowing far too much and its the banks that are to blame. We all know that so there is nothing new there. But.......... it is a mirror image of the early 90's. If the property market crashes then the UK will be in turmoil as a vast number of people have invested heavily into their homes over recent years.
I dont have savings as i have ploughed everything into my house. I am lucky that i have large equity in it but at the moment i wouldnt mind selling up and having money in the bank, going into rented accom and seeing which way the tide turns!
If i was you John i would hold tight mate. ;)
--- End quote ---
are you like the equaliser ???
munners:
What a program that was!
Na..... im better! :LolLolLolLol:
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