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The time now is 08/21/08 - 17:19

Can someone advise me on debt Issue?


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lebbie
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Joined: 27 Feb 2005
Posts: 8



PostPosted: 04/17/08 - 05:14    Post subject: Reply with quote

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
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Joined: 11 Dec 2005
Posts: 7



PostPosted: 05/17/08 - 01:27    Post subject: Reply with quote

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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RealCool.BIZ Forum Index -> Finance -> Debt

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