Can someone advise me on debt Issue?
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lebbie Apprentice
Joined: 27 Feb 2005 Posts: 8
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Posted: 04/17/08 - 05:14 Post subject: |
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| If I am having a serious debt in one bank, it is at the account which I’ve stopped using since last year. How can I lower the interest, how can I stop its increasing? I think that I’m close to a real trouble, so please advise me how to stop this while there’s still some time. My brother was left broke like this. |
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daryle Apprentice
Joined: 11 Dec 2005 Posts: 7
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Posted: 05/17/08 - 01:27 Post subject: |
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| Well, most of people are taking another loan in another bank just to cover the one which is creating the problem. This way they even get the benefit of lowering interest rising, because most of the banks will offer you better conditions just to see you having account in their institution. That is enough for the bank, but you ought to be very careful while doing this. It can have counter effect. |
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