MSE News: Cheap money era 'over' after new bank rules

Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
in Budgeting & bank accounts
This is the discussion thread for the following MSE News Story:

"Consumers were warned the cost of borrowing will rise following new regulations to boost the spare cash banks hold ..."
Read the full story:
Cheap money era 'over' after new bank rules


OfficialStamp.gif

Comments

  • exel1966
    exel1966 Posts: 4,978 Forumite
    First Post First Anniversary Combo Breaker
    Nothing new there then, it's always the good consumer/account holder who will ultimately pay for the bad account holders/debtors or greedy, inefficient bankers.

    It's called life !
  • apt
    apt Posts: 3,188 Forumite
    Name Dropper First Post First Anniversary
    Banks have under priced risk, so in future good low risk customers will get offered the best products. High risk customers will have less choice and will have to pay a higher risk premium for the products that are available to them.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.6K Spending & Discounts
  • 235.1K Work, Benefits & Business
  • 607.8K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards