| Another brand worth avoiding. 12:21 - Mar 26 with 689 views | hampstead_blue |
HSBC
https://www.bbc.co.uk/news/business-52043896
I've looked into the Gov CBILS funding and this rides a coach and horses through it.
Disgraceful.
Asking for security on a 22% interest rate!
The Gov states that banks can and probably will offer you there product first but you can insist on the CBILS product instead
What I don't like is the Gov giving 100% security to the banks to encourage them and then the banks are trying to screw over SME's with 22% and a house as security.
|  |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
| | Poll: | Best Blackpool goal |
| |  |
| Another brand worth avoiding. on 12:41 - Mar 26 with 604 views | giant_stow |
The article says RBS are doing the decent thing, so spread the word: When this is over, boycott the others and switch to RBS. |  |
| |
| Another brand worth avoiding. on 12:49 - Mar 26 with 575 views | homer_123 |
|  |
| |
| Another brand worth avoiding. on 12:51 - Mar 26 with 569 views | homer_123 |
Note: the Gov are not providing 100% security.
From the British Bank website:
"The scheme gives the lender a government-backed partial (80%) guarantee against the outstanding balance of the facility. The borrower remains fully liable for the debt."
*80% has always been the case from the minute this was announced. | |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
