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Re: How do you know?
Posted by 'MattCortes' on 05 Jul 2011 @ 12:25


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MattCortes
Joined: November 2010
Total Posts: 3
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Selfish to whom? If you have a family then their needs come first no question. BUT if you are single or even have a girlfriend then I dont see an issue with it.

Interest rates will rise but not significantly in the near future and if you are currently paying say £350 a month you should pay £500 primarily to reduce the capital owed but also to get you used to paying a higher amount should rates rise. If you are fortunate that you are on a tracker then its a fairly safe bet over the next few years BoE rates wont top 2.5% as backed up by most of the mainstream lenders not offering deals better than BoE plus 4%!

This is a prime time for someone to enjoy their disposable income whilst at the same time being prudent and clearing part of their debt.

Message Thread:

How do you know?  by 'PaulGarnerTKM'   (04 Jul 2011 @ 15:54)
Re: How do you know?  by 'DavyBoy'   (04 Jul 2011 @ 16:01)
Re: How do you know?  by 'PaulGarnerTKM'   (04 Jul 2011 @ 16:34)
Re: How do you know?  by 'Aquila'   (04 Jul 2011 @ 17:18)
Re: How do you know?  by 'Ballhatchet'   (04 Jul 2011 @ 18:31)
Re: How do you know?  by 'jc82'   (04 Jul 2011 @ 19:47)
Re: How do you know?  by 'DavyBoy'   (04 Jul 2011 @ 18:34)
Re: How do you know?  by 'wavedyellow'   (04 Jul 2011 @ 18:50)
Re: How do you know?  by 'goforgold'   (04 Jul 2011 @ 19:16)
Too Old at 24????  by 'SteveBarlow'   (04 Jul 2011 @ 20:01)
Re: How do you know?  by 'PaulMRotax'   (04 Jul 2011 @ 20:11)
Re: How do you know?  by 'willyblackshaw'   (04 Jul 2011 @ 21:25)
Re: How do you know?  by 'JKHDude'   (04 Jul 2011 @ 21:51)
Re: How do you know?  by 'muppet22'   (04 Jul 2011 @ 22:02)
Re: How do you know?  by 'Farrang'   (04 Jul 2011 @ 23:38)
Re: How do you know?  by 'MattCortes'   (05 Jul 2011 @ 8:33)
Re: How do you know?  by 'PaulMRotax'   (05 Jul 2011 @ 12:04)
Re: How do you know?  by 'MattCortes'  << You are here!
Re: How do you know?  by 'PaulMRotax'   (05 Jul 2011 @ 13:07)
Financial Optimism  by 'MattCortes'   (06 Jul 2011 @ 9:04)
Re: Financial Optimism  by 'PaulMRotax'   (06 Jul 2011 @ 12:35)
Re: How do you know?  by 'brierleys'   (06 Jul 2011 @ 12:11)
Re: How do you know?  by 'btomj'   (06 Jul 2011 @ 17:33)

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