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Thread: Interest Rates for Loans

  1. #1
    Join Date
    Jan 2008
    Posts
    127

    Default Interest Rates for Loans

    anyone knows which bank or financial house is offering the best interest rates now for personal loan?

    will the bank tighten it's regulations after the hit from the various financial turmoils or will it losen to gain more clients?

  2. #2
    Join Date
    Jan 2007
    Posts
    181

    Default

    It's the loose credit regulations that caused this crisis so I think banks will definitely tighten their lending.

  3. #3
    Join Date
    Jan 2008
    Posts
    127

    Default

    that's what i thought. i think now we must really tighten our belts. premiums for car insurance also went up. i recently received my car insurance renewal, instead of dropping (cos i enjoy max NCD rebate plus good Driver Rebate), i went up by another $200. my friend told the that there are too many claims last year that why overall insurance went up but it's unfair for people like me who is a safety drive.

    haizzz....

  4. #4
    Join Date
    Jan 2007
    Posts
    181

    Default

    The insurance companies are probably bleeding from the sub-prime crisis and getting infusion from the rest of us. sigh

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