borrowing is at an al time low, car finance is now nearly impossible to get.
if the govt offered credit worthy people loans for house buy and car buy would that help to kick start the UK economy in the motor and construction industry.
it has been announced that the british car show has been cancelled for the first time since the second planet war because of the financial situation
if banks will not lend then should the govt not lend instead?
When i had financial stress several years ago because of medical problems nobody helped me out. I say f all the people out there that are in financil distress. I’m rich know, keep selling excellent stocks low. I want to buy up all your houses. Excellent Times are back, I like people in financial distress.
Tell me the pros and cons of this proceedings done by the regime.
And is it really possible? In US it values around $12 trillion
Anyone else hear about this?
Islamic law forbids the paying or charging of interest –
I am not being prejudice or ****** .
Just curious as to what people reflect
New Islamic mortgages now available in Minnesota
http://minnesota.publicradio.org/show/web/2009/02/28/islamicfinancing/
It seems that the subprime mortgage debacle has turned out to be very serious, so much so, that it has planet-wide implications. Even here in China, the Chinese are worried about it. Does it make sense to analyze this problem, to see what caused it so that it doesn’t happen again? Why don’t we start by looking at the actual person who defaults on his loan. What kind of person is he? What demographic does he fit? What is his profile?