Tuesday, Nov 21, 2006

XMAS Spending? Well IVA's to made easier!!!

MSN: Will it be a merry christmas for the high street?

Article tells us nothing new , except people in debt and they expect spending to be low. Can anyone help as the article outlines plans to make IVA's EASIER????? Are they not too easy already & immoral. Why should I as a saver pay for other debts? What can we do?

Posted by waitingfor hpc @ 09:00 AM (433 views)
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2 Comments

1. inbreda said...

waitingforhpc - not sure why you think they are immoral or how you think that you will be paying for other peoples debts.

Tuesday, November 21, 2006 02:07PM Report Comment
 

2. Ticktock said...

..no nor me. Immoral for who? for the Morgan family etc. maybe, but Savers?

'Savers' are being robbed by 'stealth inflation', not people down on their luck who can't repay their loans.

If IVAs/ Bankruptcy is such a party for the debter, why not give it a go yourself? Nobody is stopping you.

Do you really think that the digital 'money' that banks lend out exists before they lend it? I think that the 'savers money is lent to borrowers' banking system is considered 'un-American' these days isn't it?

Tuesday, November 21, 2006 04:12PM Report Comment
 

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