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Egg interest rates HIKE!!!!!

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Comments

  • Thanks Nick! I think this is the best option for me at the moment.
  • lisyloo, I do appreciate that now. Yes, I probably was very naive and very stupid.

    I did not expect rates to stay fixed, but in my adult [credit happy life] I had only ever experienced low[ish] rates, and the ability to apply and receieve credit quite easily. That is the experience I had gained from the financial world with little else to hellp me think that it would be any different. I hadnt experienced any "worst case" scenarios. I hadnt seen a depression, or "harder times". I am only 30 years old and so my entrie adult life had never seen or experienced anything like this.

    I had not worked, or been involved in any part of the industry to enable me to know otherwise and so, admittedly, I was probably stupid in just "running along with it" and assuming that these now apparent "good times" were in fact not the "norm".

    I certainly have learnt, and it has been the hard way!!!:confused:
    Debt LIGHTBULB Moment - Sept 2009 - *** DEBT FREE SEPT 2020
    Coventry BS Loan - was £21300. Now £0 CLOSED Northern Rock Loann - was £7500. Now £0 CLOSED Egg Card - was £5300. Now £0 CLOSED.
    Capital One Card - was £5550. Now £0 CLOSED Cahoot Overdraft - was £1500. Now £0 CLOSED.
  • ILW
    ILW Posts: 18,333 Forumite
    MerseyLad wrote: »
    lisyloo, I do appreciate that now. Yes, I probably was very naive and very stupid.

    I did not expect rates to stay fixed, but in my adult [credit happy life] I had only ever experienced low[ish] rates, and the ability to apply and receieve credit quite easily. That is the experience I had gained from the financial world with little else to hellp me think that it would be any different. I hadnt experienced any "worst case" scenarios. I hadnt seen a depression, or "harder times". I am only 30 years old and so my entrie adult life had never seen or experienced anything like this.

    I had not worked, or been involved in any part of the industry to enable me to know otherwise and so, admittedly, I was probably stupid in just "running along with it" and assuming that these now apparent "good times" were in fact not the "norm".

    I certainly have learnt, and it has been the hard way!!!:confused:

    Well at least you had fun while it lasted.
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