credit crunch surely? Previous loan on a nice low interest rate

Banks are a little twitchy now and see the chance to change a, say , ?8m loan on 5% (or whatever) into an ?8m loan on 7 or 8%.

Nice bit of extra money for them.

I really can't see how they wouldn't want to call them in in the current climate.

Posted By: megson on July 11th 2008 at 11:08:50

Message Thread

Delia Smith (NCFC) - colintaverham, Jul 11, 10:24:29
- No-one knows what has happened (unless u were at the "meetings") (NCFC) - steven, Jul 11, 10:37:05
- ..... (NCFC) - CB41, Jul 11, 10:34:51
- zzzzzzzzzzzzzzzz (n/m) (NCFC) - Charles21, Jul 11, 10:30:42
- Maybe you are too young to remember the grocer from Yarmouth (NCFC) - manc_yello, Jul 11, 10:29:24
- Indeed - lets do our best to make the woman's life hell (NCFC) - Brandonio, Jul 11, 10:28:32
  - To be expected though isn't it. (NCFC) - Tim Westwood, Jul 11, 10:31:05
    - Is it? According to the guy below Doncaster said RBOS insisted they were (NCFC) - megson, Jul 11, 10:37:10
    - ^^^ This is the bit I really don't understand. (NCFC) - Arizona Bay, Jul 11, 10:37:07
      - credit crunch surely? Previous loan on a nice low interest rate (NCFC) - megson, Jul 11, 11:08:50
      - When you pay back a loan or mortgage early what happens? (NCFC) - sheffieldcanary, Jul 11, 11:06:05
      - Normally....yes...... (NCFC) - Johnny Comecardiff, Jul 11, 10:40:10
      - Absolutely. (NCFC) - Tim Westwood, Jul 11, 10:39:20
    - Inevitable...... (n/m) (NCFC) - Johnny Comecardiff, Jul 11, 10:35:48
  - All for the greater good though hey? (NCFC) - pants, Jul 11, 10:29:17
- ... (NCFC) - King, Jul 11, 10:28:28
- Think it's human nature really. (NCFC) - Tim Westwood, Jul 11, 10:27:32
- That's the spirit (n/m) (NCFC) - pants, Jul 11, 10:26:31

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