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Interest rates going higher, page-1865

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13,142 Posts.

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27/10/24

15:30

Post #: 76322265
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Originally posted by ezirida ↑

no rate cuts for a long time in this country

the pain is deep right now but the effect is not yet translating in the numbers as credit gets extended to breaking point just to keep spending

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With rates staying high, renters are drowning in high personal loan/credit cards debts & maxed out credit cards limit, while inflation is creeping higher each year.
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