Credit Crunchies

Credit Crunchies - With milk on...

Credit Crunchies is just now getting it's snap and crackle to pop into place. Once that is done we will be taking a fresh look at living on less and doing well in a degrading economy. What that should mean to you is - we are on your side.

Bail Out Fail

Written by Matt B First published 02/08

I remain unconvinced about the value of the big bail out the banks and other lending institutions have been enjoying. Take for example a letter from one of my credit card providers telling me the APR will now be slightly more the 31%.

But don't worry, they say, it's only 28.15% p.a. for balance transfers.

Given the price of loans and the cost of overdrafts I think that I would be better off using other forms of credit if I need it.

I think we all know where the credit card company can stick their offer.

Matt is passionate about efficient living, technology and blogging. He spends a lot of his time looking to change the things that make us less healthy be that lifestyle, diet or thought patterns. Matt also blogs at Thanet Star, Green Moral and The fantastic site of Lord Matt. You can also catch up with him on twitter on @lordmatt. · You can find out more at http://lordmatt.co.uk .

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