HSBC INTEREST RATE
By hi2ueverybody •
LAST MONTH HSBC ALREADY INCREASE ITS INTEREST RATE ON ALL PERSONAL LOANS BY 2.5 % (I DONNT KNOW ABOUT OTHER BANKS)BY A LABEL OF 'GLOBAL CRISIS'& THERE IS A RUMOR THAT AGAIN HSBC WILL INCREASE IT'S INTEREST RATE,IS IT TRUE ? IF IT IS TRUE HOW BANKS IN OTHER COUNTRIES ARE DECREASING INTEREST RATES ? IS THERE ANY CONTROL OVER BANKS BY AUTHORITIES ? OR THEY CAN HIKE THEIR INTEREST RATE WHENEVER THEY WANT ?
The answer is in the small print, and it tells you that they can do almost whatever they want.