Bank Margins
The margins banks are charging on lending are being criticised. And rightly so!
It’s actually all our fault. We borrow too much to on things like credit cards and always go the conservative route about how we borrow and invest. We also don’t shop around with our banking and change when we should!
So don’t complain about the banks, look for sensible alternatives.
As I’ve said before, I lend money through Zopa. I also know of people, who’ve used the company for a loan. I’ve not heard any complaints yet. So it does appear there are alternatives out there! But be prudent! It’s just a pity that Prudence wasn’t, or we’d all be in a better state.
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The Anonymous Widower 
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