Tuesday: It's the I want it now attitude.. Fine if the deal is sweet, fine if you like some push for extras on the deal. But just watch out for the small print.

Tuesday: Yep. They hook you in then hit you with... um .. um lots of messy stuff. But...... At least over here they have clamped down on some of the rip offs, like charging you £20 for being a little late or for having to send you a letter. People were getting so peeved that the government had to step in and set limits before we stormed and lynched a few people from the financial services industry.

Tuesday: and you would think if a person can make payments they can save money every month....there is something human about that that doesn't work lol


Thats my point, the best advice is to save the money and then make the purchase, not make it on credit.

One problem is that people end up buying more than they need or can afford when credit is employed.

Maybe it is a bit different with business.... but my advice is if you cant pay cash fro it, you cant afford it or it is more than you really need.

Czuch: Ahhh but some companies are offering 0% credit for two years or more on certain items like furniture over here. If one was clever, one would pay off the item in under those two years or so.

"Maybe it is a bit different with business.... but my advice is if you cant pay cash fro it, you cant afford it or it is more than you really need."

Have you really been following what has gone on re the banks? They've been lending and borrowing from each other, making very dodgy unthought investments all on the hope that the boom period would not end. Well it does, always.

They've been making bad loans to people, knowing that if the boom failed it would be the people that would suffer, bad mortgages.. no-one should ever get a 100% mortgage, people over here have always been advised (or as was in the past) to save a percentage first before buying a house, and most banks then insisted that had a deposit.

But greed set in, popularised by the banks, etc.