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Gloomy News for Card Tarts!
Entrepreneur_en_faillite
Posts: 159 Forumite
Experienced DFW's are undoubtedly aware of the Motley Fool website, but for those uninitiated take a look at this.....
http://www.fool.co.uk/news/comment/2005/c051201f.htm?source=ioolflnk2430001
http://www.fool.co.uk/news/comment/2005/c051201f.htm?source=ioolflnk2430001
There are many paths to tread to find true financial enlightenment, some of them are clear of obstacles, others have huge piles of doggie DooDoo in them in which one can easily tread. The journey is not made easier by the fact that the financial institutions blind fold us before we set out on our route.
Just to be clear, I am an IFA specialising in Mortgage Finance, any views expressed here are my personal opinions and are not to be construed as financial advice of any sort.
Just to be clear, I am an IFA specialising in Mortgage Finance, any views expressed here are my personal opinions and are not to be construed as financial advice of any sort.
If you like my comments please click the 'thanks' button
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Comments
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I think this has been on the cards (no pun intended) for some time. However, the card companies are still making money hand over fist from people who do not pay their balance off completely each month, late payers and various other fees and charges.
It's still too competitive a world for them to start pulling in the deals.
With over 1,500 cards to choose from, all of whom are being constantly reviewed - I think stoozing will be around for a while, as will rate tarting.0 -
So we're "costing card issuers around £600 million a year" - a small drop in the ocean no doubt - but strangely pleasing!! :rotfl:0
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It gave me a huge sense of achievement!
LOLThere are many paths to tread to find true financial enlightenment, some of them are clear of obstacles, others have huge piles of doggie DooDoo in them in which one can easily tread. The journey is not made easier by the fact that the financial institutions blind fold us before we set out on our route.
Just to be clear, I am an IFA specialising in Mortgage Finance, any views expressed here are my personal opinions and are not to be construed as financial advice of any sort.If you like my comments please click the 'thanks' button0 -
Yeah, never feel any guilt about stoozing. For every stoozer there are 10 people in minor debt who take a few years to pay back twice or more what they borrowed.Happy chappy0
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They obviously haven't found the MSE site yet!!!!!!There are many paths to tread to find true financial enlightenment, some of them are clear of obstacles, others have huge piles of doggie DooDoo in them in which one can easily tread. The journey is not made easier by the fact that the financial institutions blind fold us before we set out on our route.
Just to be clear, I am an IFA specialising in Mortgage Finance, any views expressed here are my personal opinions and are not to be construed as financial advice of any sort.If you like my comments please click the 'thanks' button0
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