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Spend £1 to save £540 Interest when getting a Loan
leeegglestone
Posts: 2,592 Forumite
in Loans
I found this to be a very interesting article on how spending one £1 extra when getting a Loan can effect save you £540 in Interest. All because of Tiered Interest Rates, depending on the amount you borrow
http://www.fool.co.uk/news/comment/2006/c060421f.htm?source=ioowfeml0040012
http://www.fool.co.uk/news/comment/2006/c060421f.htm?source=ioowfeml0040012
0
Comments
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It IS interesting, I don't need a loan at the moment but will remember that for when I might need one in the future.
Thanks
Jays0
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