September 24, 2007

The Northern Rock loan for 80 year olds with a job

OK, financial meltdown at the Northern Rock is no laughing matter. But I am forced to ask myself just how many 'not unemployed' 80 year olds have been lured into taking out this loan of theirs?

Of course, if there were takers I'm sure that the Rock staff would do all they could to ensure the sensitive handling of any fallout were their customers suddenly unable to make the repayments through death, ill health or economic redundancy caused by the, um, Northern Rock.

Just as soon as they get back from the freebie in the sun, that is...

...Northern Rock bosses hit the beach as savers panic

Loan80   

Northern Rock - news, tips and advice
Northern Rock share price
Northern Rock - advice for savers
Northern Rock - advice for investors

Northern Rock SOS came six weeks ago
Why are customers always the last to know?

Richard Browning - This is Money

The credit crunch chronicles

Negative equity: it's back, it's instant and we're heading for a property slump

The Northern Rock loan for 80 year olds with a job

Northern Rock and the Picture of Modern Britain

Listen now: 'We're heading for a property slump'

Comments

Will property really come crashing down this year as predicted?
And if so how severe of a crash will we witness?
Is it possible that the housing market may never recover?

Maybe Richard has an answer to this?

These 80-year-olds are working hard and loving it ....

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