Online Cash Loans News
Take The Piggy Bank Shopping For High Rates
Saturday April 19, 2008
If you've got spare cash, there's a silver lining to the current credit squeeze. Faced with higher funding costs from the wholesale markets, banks and other financial institutions are looking to their traditional customers for more of their funding. Pick up any newspaper and you'll find it littered with ads for high-interest savings accounts and term deposits, with some offering rates in excess of 8per cent. After years of paying as little as possible to retail depositors, the banks have ...
