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Mortgage Indemnity Insurance

Would the world be a happier place if we were charged a fixed fee for our mortgages….?

and NOT stoopid amounts of compound interest ?

Eg Borrow £100,000 pay £33,000 fee for the finance over the
period of the loan

Why do we, accept the status quo ? The banks and lenders are protected by indemnity insurance for their losses anyway
Guy, at least i can spell insuance lol
check who introduced the world to “usuary” …. why be chained by it?

islam is not a complete waste of time then

fractional reserve banking will be the death of this planet

what’s sickening is, banks keep all their profits, yet, when theyre in trouble, we all have to pay for their losses (northern rock)

and now 1000s of northern rock staff have lost their job because the bosses were too greedy and stupid

it stinks

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