Posts Tagged ‘repayments’

The dangers of interest-only mortgages

Have you been enticed by an interest-only loan or mortgage? An interest-only mortgage may initially seem like a brilliant prospect when you decide to buy a house; an interest-only period where you only pay back the interest of your loan rather than what you’ve actually borrowed is an attractive option for many. Lower monthly repayments…

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No company is too big to fail!

Why do many large companies view themselves as being “too big to fail”? Huge businesses turning over hundreds of thousands of pounds a year can be seen as being a million miles away from a small, family-run business taking in comparatively tiny amounts. It’s important to remember, however, that debt still needs to be paid off…

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