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01-31-2007, 08:16 AM
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Right time for loan
Hey,
with the way that the market is going at the moment, Oil prices going up, the cost of living shooting through the roof, is it a good time to get involved in a personal loan, because the government may drop interest rate to alleviate the pressure that has been placed on families? Cheers 
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01-31-2007, 10:08 AM
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Re: Right time for loan
Rising inflation results in rising interest rates. Not to mention the economy sizzled in the last quarter, believe it or not. So I wouldn't count on interest rates dropping much if at all.
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01-31-2007, 01:27 PM
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Re: Right time for loan
Quote:
Why are you in need of a loan? What will you be using the money for?
__________________
Steve * Despite the high cost of living, it remains very popular. * Why should I pay for my daughter's education when she already knows everything? * There are no shortcuts to anywhere worth going.
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