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| Credit Crunch Bank Reviews |
| One unfortunate consequence of the credit crunch is the new style “Bank Reviews” that business customers are starting to experience from a number of banks. |
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| Take Advantage Of Interest Rate Cuts |
| With the Bank of England cutting rates to levels not seen before it is tempting to sit still and enjoy low payments in this difficult marketplace. |
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| Take Advantage Of Interest Rate Cuts |
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With the Bank of England cutting rates to levels not seen before it is tempting to sit still and enjoy low payments in this difficult marketplace. The only problem with doing nothing is that rates will go back up again, the question is when. Most economists are predicting that rates will start to rise again in 2010, how far they increase again is unknown.
It may be sensible to build in some protection for your business at low rates by switching part of your borrowing to a Fixed or Swap Rate. Normally Fixed or Swap rates are at their lowest point when rates are still expected to fall, once they have reached their lowest point and the next rate move is upwards the Fixed and Swap rates will be a long way above their lowest point reflecting where they see rates going.
Please contact us if you want to find out more about protecting your interest rates for the future. |
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