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More than a million people are on the brink of serious debt difficulties
Comments
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How do you mean?
The ease in which many financial institutes were allowing and actively encouraging people to have these loans and other financial services.19th March 2007 LBM£5,969.63 1st January 2018 £5960.18, 1st January 2019 £11,032.0018th August 2023 £12,435.00, Student Loan £22244.00 From 2009-12Challenges: To learn to stop spending..0 -
Don't understand what people are worried about. Our future PM keeps saying that he has ended the days of boom and bust and that under his sound guidance the economy is stable (think he implies steadily increasing).
Is this the same guy who can't decide how long an economic cycle is, and when it started and when it finished?"Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
"We were born and raised in a summer haze." Adele 'Someone like you.'
"Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky." OMD 'Julia's Song'0 -
Hermione54 wrote: »There is also the matter of the dollar being highest just about ever
Actually the dollar is at about the lowest it has been for a long time.
errrm if the dollar is at just over $2 to the pound then obviously thats higher than it was previously at $1.8 to the poundNo Longer works for MBNA as of August 2010 - redundancy money will be nice though.
Proud to be a Friend of Niddy.
no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date0 -
glad someone else can see that - how can anyone say the dollar is lower?No Longer works for MBNA as of August 2010 - redundancy money will be nice though.
Proud to be a Friend of Niddy.
no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date0 -
glad someone else can see that - how can anyone say the dollar is lower?
Because it's worth less. The less something is worth, the "lower" it becomes. Hence shops "lower" prices in the sales."Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
"We were born and raised in a summer haze." Adele 'Someone like you.'
"Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky." OMD 'Julia's Song'0 -
i understand the concept of it being worth less - but the fact still remains the dollar is at a higher exchamge rate. The dollar is worth less against the pound, not the other way - you can still get more dollars per pound than before - to me that is higher, not lowerNo Longer works for MBNA as of August 2010 - redundancy money will be nice though.
Proud to be a Friend of Niddy.
no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date0 -
If I can buy something for 50p now, when it used to cost 85p before, then its price has come down."Follow the money!" - Deepthroat (AKA William Mark Felt Sr - Associate Director of the FBI)
"We were born and raised in a summer haze." Adele 'Someone like you.'
"Blowing your mind, 'cause you know what you'll find, when you're looking for things in the sky." OMD 'Julia's Song'0
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