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darren



Joined: 21 Feb 2007
Posts: 4

Posted: Wed Feb 28, 2007 6:18 am    Post subject: 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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DallasLoanGuy



Joined: 26 Sep 2006
Posts: 169
Location: Dallas, TX

Posted: Wed Feb 28, 2007 3:04 pm    Post subject:  

the government doesnt affect interest rates on home loans.
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Greg Phillips



Joined: 13 Dec 2005
Posts: 123
Location: Chillicothe, Ohio

Posted: Wed Mar 14, 2007 10:41 pm    Post subject:  

Hello Dallas Loan Guy. How are you?

Yeah rates are very low right now.
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dawnstar



Joined: 27 Jun 2007
Posts: 2

Posted: Wed Jun 27, 2007 1:10 pm    Post subject:  

If anything I can only see interest rates going higher in the short term :cry: :cry:
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carlel



Joined: 08 Jul 2007
Posts: 10

Posted: Sun Jul 08, 2007 2:16 am    Post subject:  

dawnstar wrote: If anything I can only see interest rates going higher in the short term :cry: :cry:

you're probably right, in the UK interest rates went up for the 3 consecutive time. apparently "to slow down consumer spending"
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EquityManager



Joined: 12 Nov 2007
Posts: 3
Location: Orange County, CA

Posted: Mon Nov 19, 2007 7:42 pm    Post subject: Not the right time  

I don't believe it is the right time now. The economy is hurting.
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golem



Joined: 12 Aug 2008
Posts: 2

Posted: Tue Aug 12, 2008 1:59 am    Post subject:  

Yeah right..it's not the right time now...
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mojo6911



Joined: 27 Aug 2008
Posts: 3

Posted: Wed Aug 27, 2008 1:56 pm    Post subject:  

golem wrote: Yeah right..it's not the right time now...

If you have stable income and can afford it, why not?
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freddyb45



Joined: 28 Aug 2008
Posts: 15

Posted: Thu Aug 28, 2008 3:40 pm    Post subject:  

Who knows when the right time will be? If you can afford a loan and it'll make a difference to your life, then take it out.
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jtrenton



Joined: 12 Sep 2008
Posts: 10

Posted: Mon Sep 15, 2008 7:41 pm    Post subject:  

When the economy is in recession it's time to start saving, instead of getting into debt...
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Jenie0109



Joined: 27 Jan 2009
Posts: 307
Location: chicago IL

Posted: Tue Apr 14, 2009 12:29 pm    Post subject:  

its a rollercoaster out there...our economy is very unpredictable thats why we need to prepare.
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