Sunday, April 27, 2008
“It doesn’t work like that!”
Beware cheap loans with a sting in the tail
Before you rush to snap up a mortgage with a cheap headline rate, check you won't face an extortionate fee. Offer of low rate offset by high fees....which in affect is the same thing to the man in street as a high rate overall. I bet the posters in the window displays a massive sized % sign and teaser rate (in the shape of a cartoon purse no doubt).....that is eyecatching....but you'll need to go to Spec Savers to read the small print at the bottom. Shysters! the lot of them.
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