Newsgroups: misc.consumers uk.finance
Subject: Re: Woman to lose home after loan for kitchen soars
From: "David W."
Date: Thu, 25 Nov 2004 08:44:18 -0600
"Tim" wrote in news:co46m5$b2e$1@sparta.btinternet.com:
> But seriously - it just appeared to me that the only reason the figure
> of 20 years was included, was to make it seem like she'd been there
> for "ages". When in fact, she'd likely been there for less than 6
> years (when she got the kitchen & took out the loan).
I think how long she lived there is irrelevant. Unless there's a real
crisis (kitchen is totally non-functional), you have to wonder about the
judgement of anyone who, in the midst of financial crisis, takes out a
large loan at 30% interest. It would have been cheaper to just eat out.
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