Marc Gander - The Consumer Survival Handbook


A 220 page introduction to all things consumer related by our own BankFodder.

Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.

£6.99



Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)


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  1. #1
    Basic Account Holder Derek Domino Novitiate



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    Cagger since : Nov 2008
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    Default Mortgage interest rate

    I'm new to this and am not very savvy as far as finance matters are concerned - I hope I'm posting this to the correct place.

    I have a mortgageicon with RBSicon - I recently checked my online mortgageicon statement which showed that I pay 756.31 each month it also shows that they deduct an average of 374.50 each month - as I didn't know what these deductions were for I wrote to them. They've just replied and told me that these were monthly interest payments - is this right - seems a bit excessive to me?

    Derek

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  2. #2
    Platinum Account Holder
    Help the CAG!!
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    Cagger since : Jun 2006
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    Default Re: Mortgage interest rate

    It will depend on your mortgageicon rate, but in the early years the interst amount will be high until the capital starts decreasing.


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