Unofficial Christ's Hospital Forum

soc wrote:At this rate CH will have to use people to investigate parents

I'LL DO IT !!!!!!!!!!!!!!!!!!!!!!!!!!!!

.........then certain parents will be BANNED from The Bax !

There you go JR we could set up a specialist company

Great Plum wrote:I had a letter from natwesy telling them that my £2,000 overdraft (which I am only using a small amount of these days was being extended to £3,000 - this didn't say what the intereest would be etc... it's dangerous and misleading...

and I just noticed today that the company through which I do a bit of investing has given me a trading limit a bit in excess of 80 times my monthly pension and a hefty multiple of the cash plus investments they hold for me. Crazy. I didn't even ask for one sou

it seems I am offered credt to pay off my debts every day in the post - this is not only offending that SO MANY people seem to know MY business, but what a waste of trees, time and postage .... although the Post Office obviously needs the work....

Argh!

I tend to send back junk mail in a new envelope back to the people who sent it - without a stamp!

Funnilty enough, they don't pester me again!

Great Plum wrote:I had a letter from natwesy telling them that my £2,000 overdraft (which I am only using a small amount of these days was being extended to £3,000 - this didn't say what the intereest would be etc... it's dangerous and misleading...

yeah my bank often extends my overdraft/credit limit, same with Barclaycard

one time i complained and they said "oh but all you need to do is call us and we'll revert it" but why should i pay for the call?

then when i did need to extend it they said no

evil b*stards

When my first marriage broke down, I was offered a £25,000 loan even though I didn't have a job at the time. I politely told them to take the loan and stick it where the sun doesn't shine

Good plan Sean or you would have been stuck up effluent creek without a moving device...

Great Plum wrote:Good plan Sean or you would have been stuck up effluent creek without a moving device...

...potentially

unless you were able to invest the loan at a higher rate of interest than they were offering

then you would be laughing all the way to the bank...!

Ruthie-Baby wrote:

Great Plum wrote:Good plan Sean or you would have been stuck up effluent creek without a moving device...

...potentially

unless you were able to invest the loan at a higher rate of interest than they were offering

then you would be laughing all the way to the bank...!

Nobody does that as far as I know, except maybe the shareholders and board members.
Certainly not the staff or customers.

jhopgood wrote:

Ruthie-Baby wrote:

Great Plum wrote:Good plan Sean or you would have been stuck up effluent creek without a moving device...

...potentially

unless you were able to invest the loan at a higher rate of interest than they were offering

then you would be laughing all the way to the bank...!

Nobody does that as far as I know, except maybe the shareholders and board members.
Certainly not the staff or customers.

apparently it is occasionally possible with some of these really low rates they've been offering recently

am not good enough in the financial world to attempt it, but I think if you know what you're doing...

Ruthie-Baby wrote:

Great Plum wrote:Good plan Sean or you would have been stuck up effluent creek without a moving device...

...potentially

unless you were able to invest the loan at a higher rate of interest than they were offering


apparently it is occasionally possible with some of these really low rates they've been offering recently

am not good enough in the financial world to attempt it, but I think if you know what you're doing...

Pretty risky at the moment; don't forget that you have to pay TB's whisky money out of the incoming interest but IF you can get say 5.5% fixed for 2 years and IF the deposit rate rises to 7% then could be interesting. Problem is that many - but not all - of the high interest payers are a little shall we say "weak" financially. There's one which was advertising which sends the shudders down my back.

OTOH professionally the biggest margin I remember was taking a deposit at about 8%pa and lending it out overnight to a major US bank at over 300% (yes - three hundred percent) per annum for one night. They had got their sums wrong - badly! The loan was eight or nine figures!

Why do these financial opportunities come my way?

soc wrote:Why do these financial opportunities come my way?

because you're a lucky guy?

Great Plum wrote:I tend to send back junk mail in a new envelope back to the people who sent it - without a stamp!

Funnilty enough, they don't pester me again!

I save my junk mail;
the mail from offender 2 goes in the reply-paid envelope from offender 1
the mail from offender 3 goes in the reply-paid envelope from offender 2 and so forth.

I think the worst are Saga. Numerous times I have told them to stop sending me mail but still they continue to do so. They are clearly so bl***y stupid that it would be unsafe to trust them with one penny for an insurance policy / holiday / whatever. Clearly, from their proven abilities they would lose it or simply be incapable of carrying out the requested business.

(Perhaps this on the wrong thread - so what; I'm too geriatric to realise)