Sunday, November 28, 2010

Ireland angry over interest charge on Euro 85 bln

Why is Ireland angry at 6.7% interest on their collapse.
As a Business I am charged 17% for overdraft which is authorized and on a loan Barclays is charging me 19.95% if I wanted one. Ireland should thank their lucky stars and all the others about to be bailed out.
Credit cards are being charged at anything between 22-35% unless you get a loan from a company called WONGA in which case they charge 2,230% yes this is not a mistake (two thousand, two hundred and thirty %).
The banks and Finance companies just love Credit crisis' and make record profits !!

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