Tuesday, Jun 20, 2006

Tightening the money!!!

BBC Web: Death blow to rate tarts?

On the quiet, the banking industry has been steadily fighting back against a group of people who have been draining it of hundreds of millions of pounds in potential profit.

They are the rate tarts, people who move their borrowings from one credit card to another in search of a cheap deal. Now, their opportunities to be as promiscuous as they like - in a strictly financial sense - have shrunk.

Posted by tyrellcorporation @ 08:04 AM (2868 views)
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