just a rant

colin13

typicall mse,u post something,,and as eading said JUST A RANT,but u all have to jump in,regarding commas etc and negative comments,,i aint looking or asking for sympaty,,JUST A RANT

Jack_Johnson_the_acorn

colin13 wrote: »

typicall mse,u post something,,and as eading said JUST A RANT,but u all have to jump in,regarding commas etc and negative comments,,i aint looking or asking for sympaty,,JUST A RANT

Maybe,,, don't rant,,, in a debate board,, ,, next time,,.,.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

CLAPTON

colin13 wrote: »

clapton twenty five years ago,,this was the favoured way to take morgage(comma) so was only makeing decesion on the advice given to me,by an expert(comma),didnt know that the system was full of conmen (comma) playing with ur money

when something is too good to be true then it usually is.

you haven't really told us the full facts and how much you have been 'cheated ' out of and when you first knew and what steps you took to mitigate the damage

anyway you gained by the low payments so all square really

colin13

Generali wrote: »

People just heard, "Free lunches, get 'em while they're hot" and didn't look beyond that.

An endowment mortgage is a pretty simple product and the risks are self-evident.[/QUOwhen young and excited about getting first house,,u trust the advice given,and was told pay off morgage and lump sum,,a no brainer ,a long time ago

colin13

Jack_Johnson_the_acorn wrote: »

Maybe,,, don't rant,,, in a debate board,, ,, next time,,.,.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

its a free site ,and if i feel i want to rant on something ,to do with eeconmy ,,i will,,in the correct place

ukcarper

Generali wrote: »

People just heard, "Free lunches, get 'em while they're hot" and didn't look beyond that.

An endowment mortgage is a pretty simple product and the risks are self-evident.

May be for you but if you go to a mortgage advisor and they tell you it will pay of your mortgage why would you not believe them if you are using an advisor the onus is on them to explain the risks.

CLAPTON

ukcarper wrote: »

May be for you but if you go to a mortgage advisor and they tell you it will pay of your mortgage why would you not believe them if you are using an advisor the onus is on them to explain the risks.

true
but you also had 25 years to read in the papers all the problems with endowments.

that's along time to hide your head in the sand.

colin13

CLAPTON wrote: »

when something is too good to be true then it usually is.

you haven't really told us the full facts and how much you have been 'cheated ' out of and when you first knew and what steps you took to mitigate the damage

anyway you gained by the low payments so all square really

clapton ,,i will agree ,it was cheaper way of getting a morgage,,but they did work very well,y has the system broken down,,only one reason ,,greedy people gambling with our money,,world wide ,,not just me

ukcarper

CLAPTON wrote: »

true
but you also had 25 years to read in the papers all the problems with endowments.

that's along time to hide your head in the sand.

Many people who took them out did not have those 25 years.

colin13

CLAPTON wrote: »

true
but you also had 25 years to read in the papers all the problems with endowments.

that's along time to hide your head in the sand.

also ,i wish i had taken criticall illness cover,,as i now have ms,,but when young excited,etc,u r invinciball,,,i say to all ,make sure u have critical illness cover,,never know whats round the corner