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Savings Bonds
Beaker_Barrett
Posts: 6 Forumite
I have come across a series of savings bonds issued by London Capital & Finance, thier rates seem too good to be true. Has anyone else seen these or have any experience of them.
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Comments
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What are their rates? What is their FSCS cover?0
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According to https://www.londoncapitalandfinance.co.uk/security, "Bond Holder funds are secured by a charge over the assets of LCF and all borrowing company's."!
Quite apart from all the other risks from what sounds like a completely empty and meaningless promise, I wouldn't dream of putting any of my money into a company that can't cope with basic English grammar or use competent proof-readers....0
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