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HBOS Scam
Comments
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I'm not sure about that. They had a very flaky business model not unlike Northern Rock and B&B. Fundamentally they were unsoundThats the problem its media hype that caused the demise of HBOS.
ElaineKrusty & Phil Madoff, 1990 - 2007:
"Buy now because house prices only ever go UP, UP, UP."0 -
As a HBOS customer for a number of years, this is the icing on the cake! . Very poor service !!!!!!!!!!, Goodbye.0
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Hi.
I genuinely think you have me confusd with someone else. Could you let me know where you heard this said or written that you believe is me, as Im not aware I've either warned people to get their money out of HBOS or said take cash out - neither are things i agree with.
My stance has and always been "it is very unlikely the govt will allow any bank to go bust, but the safety net is £35,000 per person per institution and you can mitigate risk by spreading your savings." See http://www.moneysavingexpert.com/savings/safe-savings
MartinMartin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.Debt-Free Wannabee Official Nerd Club: (Honorary) Members number 0000 -
DS,
Who are you talking about? The OP has a whole one (1) post?
Exactly! Sign up, accuse, watch the fun. Sad people could do this on dozens of sites in different ways.
You have to admit that, as Martin never said these things, it is at least a possibilty. That's why I said people were being too kind in answering. After all, it's not exactly hard to go to the horses mouth on this site, is it?0
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