Tag Archives: Trap

Avoid falling into a rate trap

Providers have rushed to cut rates on hundreds of savings accounts, but have been slower to reduce mortgage costs. You can redress the balance by fighting back to get a better rate on both your savings and borrowings. SAVINGS SAVAGED Bank of England governor Mark Carney’s move to halve base rates to 0.25 per cent last month has sparked another ...

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Timeshares: Fabulous Opportunity or Financial Trap?

Filed under: Real Estate, Travel, Travel Industry, Vacation Planning By Maryalene LaPonsie Why spend $ 150,000 on a vacation home when you could get one for $ 20,000? That’s part of the premise of timeshares. By combining forces with other buyers, you can get a second home for a fraction of the price you’d pay as a solo buyer. Not ...

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