Right time for loan

[pablo9567]

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

 

[FlyingRon]

The government doesn't directly control consumer interest rates. Alan Beranke does is manipulate the prime and he doesn't give a rats ass about families. I'm not sure the relevence of this to Bankruptcy other than that if you are using personal loans to alleviate the pressure on your family, you're probably headed there.