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Isabella Amber

isabelamber - Begin with the Basics: Creating a Solid Investment Policy Spring Hill FL - 0 views

  • Originally posted by hannahbrooklyn at Begin with the Basics: Creating a Solid Investment Policy Spring Hill FLhttp://local.youngmoney.com/Begin_with_the_Basics_Creating_a_Solid_Investment_Policy_Spring_Hill_FL-r1211942-Spring_Hill_FL.html Most builders understand that laying a strong foundation is the key to constructing a good home. Do the job right and the structure will be stable. Do it wrong and it could collapse in Spring Hill.Local CompaniesEdward Jones - Financial Advisor: Manny Tsesmelis352-686-03385173 Mariner BlvdSpring Hill, FL 34609Edward Jones - Financial Advisor: Paul Conrad352-688-07313296 Commercial WaySpring Hill, FL 34606Bauer Financial Group Inc352-597-77176142 Dorset RdSpring Hill, FL 34608Edward Jones - Financial Advisor: Brande K Sanders352-796-88197 N Main StBrooksville, FL 34601stock investingBuy & Sell Stocks with Plus500™. No Fees, Free Demo, 200€ Bonus!www.Plus500.comStill Investing Stocks?Try the Forex Market. Guaranteed Stop-Loss & Freeze Rate!www.easy-forex.comAsk an Investment Advisor Online Now 4 Investment Advisors Are Online. Ask a Question, Get an Answer ASAP.JustAnswer.com/Investment-Advisor
amber sanpedro

Loan Against Properties | Springhill Group Home Loans, fraud and scam watch loans -NEWS... - 0 views

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    Loan Against Properties Springhill Group Home Equity Loans helps you encash the present market value of the property by taking a loan by mortgaging the property. Features of Loan Against Property Purpose Loan can be for any purpose. However, the funds should not be used for speculation or any illegal purposes. Customers have benefited by taking loans to meet the following funding requirements Education Marriage Expenses Medical Expenses Property Residential Non Residential - Should be Fully Constructed - Should be a Freehold property having a clear and marketable title. Adjustable Rate Home Loan Conditions apply on this kind of loan, please contact us directly to inquire see more details : http://springhillgrouphome.com/
Bethany Rawlins

News Center - Springhill Group Home Loans: Tips for Home Employment to Avoid Work-At-Ho... - 0 views

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    http://newscenter.springhillgrouphome.com/2012/05/news-center-springhill-group-home-loans-tips-for-home-employment-to-avoid-work-at-home-scams/ 1.    You must know the person you are dealing with. Most company that hires employee do not offer to employ you directly, just to sell you training and materials and to look for customers for your work.2.    Do not be a dime a dozen. Managing a business is just like any other business which requires hard work, skill, good products or services, and time to make a profit. Additionally, there is no such thing as sitting on a rackin’ chair and just waiting for the time of giving checks.3.    Be observant and cautious about the emails you are receiving that includes an offering of work at home opportunities. Most of these acts are deceptive.4.    Put into practice the so called “know and pay”. You have to know first everything in detailed before making a plan or action to a certain situation.5.    Find a picture paints a thousand words. Claims that there are customers for
Bethany Rawlins

North Korea uses infected games to DDoS South Korea - 0 views

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    http://nakedsecurity.sophos.com/2012/06/11/north-korea-uses-infected-games-to-ddos-south-korea/ FILED UNDER: Featured, Law & order, background-color: transparent; border: 0px; margin: 0px; padding: 0px; vertical-align: baseline; color: rgb(37, 113, 194); text-decorati
melissa rocks

Loan Against Properties | Springhill Group Home Loans, fraud and scam watch loans -NEWS... - 0 views

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    Loan Against Properties Springhill Group Home Equity Loans helps you encash the present market value of the property by taking a loan by mortgaging the property. Features of Loan Against Property Purpose Loan can be for any purpose. However, the funds should not be used for speculation or any illegal purposes. Customers have benefited by taking loans to meet the following funding requirements Education Marriage Expenses Medical Expenses Property Residential Non Residential - Should be Fully Constructed - Should be a Freehold property having a clear and marketable title. Adjustable Rate Home Loan Conditions apply on this kind of loan, please contact us directly to inquire
hannah brooklyn

Springhill Group - Begin with the Basics: Creating a Solid Investment Policy Spring Hil... - 0 views

  • http://local.youngmoney.com/Begin_with_the_Basics_Creating_a_Solid_Investment_Policy_Spring_Hill_FL-r1211942-Spring_Hill_FL.html Most builders understand that laying a strong foundation is the key to constructing a good home. Do the job right and the structure will be stable. Do it wrong and it could collapse in Spring Hill.Local CompaniesEdward Jones - Financial Advisor: Manny Tsesmelis352-686-03385173 Mariner BlvdSpring Hill, FL 34609Edward Jones - Financial Advisor: Paul Conrad352-688-07313296 Commercial WaySpring Hill, FL 34606Bauer Financial Group Inc352-597-77176142 Dorset RdSpring Hill, FL 34608Edward Jones - Financial Advisor: Brande K Sanders352-796-88197 N Main StBrooksville, FL 34601stock investingBuy & Sell Stocks with Plus500™. No Fees, Free Demo, 200€ Bonus!www.Plus500.comStill Investing Stocks?Try the Forex Market. Guaranteed Stop-Loss & Freeze Rate!www.easy-forex.comAsk an Investment Advisor Online Now 4 Investment Advisors Are Online. Ask a Question, Get an Answer ASAP.JustAnswer.com/Investment-Advisor
  • stock investingBuy & Sell Stocks with Plus500™. No Fees, Free Demo, 200€ Bonus!www.Plus500.comStill Investing Stocks?Try the Forex Market. Guaranteed Stop-Loss & Freeze Rate!www.easy-forex.comAsk an Investment Advisor Online Now 4 Investment Advisors Are Online. Ask a Question, Get an Answer ASAP.JustAnswer.com/Investment-Advisor
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    Begin with the Basics: Creating
hannah brooklyn

Real Estate Scam Used Fake Adoption To Buy Rights - The-looser-it-s-me - Zimbio - 0 views

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    South Korean Police said yesterday they have Busted ares fifteen-Member Group that faked the Adoption of Children to pull off ares Real-Estate Scam. The ring earned about four hundred eighty million Won ($ four hundred and seventy-nine thousand five hundred twenty) abusing are housing Law that Gives preference to are private Home Buyer Children are healthy and child or with an. The ringleader while WAS 14 Others Arrested, Including Real Estate Brokers and loan shark are, Were charged but not detained, said spokesman for the Seoul Metropolitan Police Agency are. Government Regulations FIX anti-speculation the price of some Apartments built privately and Reserve ares are seen as what percentage of homes for deserving applicants. Officials are trying to Overcome Traditional reluctance in South Korea are, which places stress on Great Family Bloodlines, to Adopt Children. Police said the loan shark visited ares Street vendor last July and received 10 million won. Return to rights he waived in HIS HIS Daughters are let and Street Cleaner "Adopt" them. The Street Cleaner used to the Adoption Document to Secure rights are Buy Luxury Condominium but are resold the rights to high School Teacher. Using fake Adoption Documents, the Obtained the right ring to Buy Apartments in Seoul and nearby Cities twenty-one. Police also charged 20 biological and nineteen "adoptive parents" for accepting up to 10 million Won in Each Case. AFP see more details : http://newscenter.springhillgrouphome.com/
hannah brooklyn

Loan Against Properties | Springhill Group Home Loans, fraud and scam watch loans -NEWS... - 0 views

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    Loan Against Properties Springhill Group Home Equity Loans helps you encash the present market value of the property by taking a loan by mortgaging the property. Features of Loan Against Property Purpose Loan can be for any purpose. However, the funds should not be used for speculation or any illegal purposes. Customers have benefited by taking loans to meet the following funding requirements Education Marriage Expenses Medical Expenses Property Residential Non Residential - Should be Fully Constructed - Should be a Freehold property having a clear and marketable title. Adjustable Rate Home Loan Conditions apply on this kind of loan, please contact us directly to inquire see more details : http://springhillgrouphome.com/
rein finland

Knowledge Center - 0 views

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    KNOWLEDGE CENTER OVERVIEW PUBLICATIONS Research and insight on topics affecting your industry, Spring's solution and opinions addressing those challenges. Learn more. CASE STUDIES Case examples of our work illustrate the value created, problem solving and innovative solutions implemented to meet and satisfy the needs of our clients. Learn more. PRESENTATIONS Presentations our experts have given over the past year at industry leading conferences and events. Learn more. SURVEYS Industry leading research that identifies trends and opportunities led by our Spring's consultants. Learn more. NEWSLETTERS The latest information on key topics affecting the industry with a focus on employee benefits, risk financing and wealth strategies. Learn more. WEBCASTS An insight to our expert knowledge on specific topics. Learn more.
hannah brooklyn

News Center - Springhill Group Home Loan - A Scam - Review of Springhill Suites Housto... - 0 views

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    Source : http://www.valueinvestingnews.com/scam-review-springhill-suites-houston-medical-center http://springhillgrouphome.multiply.com/journal/item/61/A_Scam_-_Review_of_Springhill_Suites_Houston_Medical_Center Springhill Suites Houston Medical Center/Reliant Park: Traveler Reviews Ranked #91 of 425 hotels in Houston 50 Reviews 50 reviews from our community Trip type Family reviews (16) Couples reviews (6) Business reviews (17) Solo travel reviews (5) Friends reviews (3) "A Scam!" - While this hotel is clean, I would NOT recommend staying here, especially if you need to rely on taxis for transportation. First, we asked for three days in a row for the drain in the bath/shower to be unclogged, which was never done. Standing in inches of water while taking a shower is not my idea of fun. Much worse however, was the scam the hotel seems to be running regarding taxis and car service. The last night of my stay, I requested an early morning cab to go to the airport. I was told it would be taken care of. Shortly after, the front desk called my room, asking if I wouldn't prefer a town car. I was told this was suggested because the cab drivers had been adding extra distance to rides to drive up the cost of the fare. Since I had taken a cab from the airport to the hotel, I had a sense of the cost, and felt confident that I could be firm with the cab driver, especially since the cost of the town car was quoted at $10 more. The next morning, I showed up in the lobby at 4:45 am for my cab. The person at the desk informed me that no cab had been called, that 'cabs don't work that way' here, and strongly suggested (again) that a town car be called, since that was the only way to be sure of a quick arrival. The price this person quoted me was now $5 more than a cab ride, and feeling desperate, I agreed. Once in the town car, I asked the driver if there was any arrangement with the hotel to pass along part of the fare to the hotel. He acknowledged that there
hannah brooklyn

News Center - Springhill Group Home: Top 10 Fraud Schemes - 0 views

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    Source : http://newscenter.springhillgrouphome.com/ http://springhillgrouphome.multiply.com/journal/item/59/Springhill_Group_Home_Top_10_Fraud_Schemes Springhill Group Home: Top 10 Fraud Schemes http://newscenter.springhillgrouphome.com/2012/03/springhill-group-home-top-10-fraud-schemes/ For the twelfth successive year, identity theft topped the consumer complaint database of the Federal Trade Commission with the largest number of complaints, perhaps owing to the rampant use (and misuse) of online services such as social networking and e-commerce websites. From the 1.8 million complaints the FTC got in 2011, almost 300,000 are about identity theft. The information of FTC has included complaints filed to them or from other states and federal consumer protection groups. Most of the complaints of identity theft are coming from consumers saying that their personal details are used in government documents without their knowledge, with scammers aiming to collect benefits. Last year, government-related identity theft was 27% of the total complaints in that category, increasing by 11% since 2009. Accounting for the 14% of identity theft complaints is credit card fraud, with the rest consisting of complaints of bank, utilities and phone fraud. More than half of all the complaints last year were related to fraud and taxpayers reportedly paid a total of over USD 1.5 billion in fraudulent schemes, with the average amount paid being USD 537. Moreover, 43% of the victims acknowledged that scammers reached them through email messages. The top three states that have the most per capita rate of fraud reported are Colorado, Delaware and Maryland as first, second and third, respectively. Generally, FTC discovered that people are either more willing to file complaints or they simply have more complaints now. The total amount of complaints they have received has increased by over 20% -- from 1.5 million to 1.8 million in 2011 -- that includes both identity theft and fraud compl
amor power

Springhill Group: Medicare Dupery Bill Re-brought In | - 0 views

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    (1888PressRelease) Uncovering medicare scams latest news articles for general public to use. U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries. According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies. It also facilitates real-time information sharing among law enforcement agencies to aid in uncovering and dismantling Medicare scams. "South Florida has been known as the epicenter of Medicare dupery for years," she said. "It is time we took the fight to those who seek to defraud Medicare and prey on our most vulnerable citizens. This bill not only raises the penalties for those who engage in Medicare fraud, but also sets up a pro-active paradigm that will help stem the tide of abuse in South Florida and across the nation."The bill takes particular aim at Medicare theft in Miami-Dade County, widely regarded as the nation's capital of healthcare dupery. Medicare dupery in South Florida costs taxpayers between $3 billion and $4 billion every year, according to law enforcement and healthcare officials. Nationwide, Medicare and other healthcare fraud is estimated to cost $68 billion each in very year. http://springhillmedgroup.com source: http://www.1888pressrelease.com/springhill-group-medicare-dupery-bill-re-brought-in-pr-379308.html "Niche Site Builder Software" Discover how you can easily create Niche Websites promoting products from Amazon and Clickbank Fast! Just fill in the required fields and any content you want to add and the software will create a complete, monetized Niche Affiliate Site. You can build as many sites as you want! Not only will you get the software to us
Isabella Amber

Real Estate Scam Used Fake Adoption To Buy Rights - The-looser-it-s-me - 0 views

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    Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering
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    South Korean Police said yesterday they have Busted ares fifteen-Member Group that faked the Adoption of Children to pull off ares Real-Estate Scam. The ring earned about four hundred eighty million Won ($ four hundred and seventy-nine thousand five hundred twenty) abusing are housing Law that Gives preference to are private Home Buyer Children are healthy and child or with an. The ringleader while WAS 14 Others Arrested, Including Real Estate Brokers and loan shark are, Were charged but not detained, said spokesman for the Seoul Metropolitan Police Agency are. Government Regulations FIX anti-speculation the price of some Apartments built privately and Reserve ares are seen as what percentage of homes for deserving applicants. Officials are trying to Overcome Traditional reluctance in South Korea are, which places stress on Great Family Bloodlines, to Adopt Children. Police said the loan shark visited ares Street vendor last July and received 10 million won. Return to rights he waived in HIS HIS Daughters are let and Street Cleaner "Adopt" them. The Street Cleaner used to the Adoption Document to Secure rights are Buy Luxury Condominium but are resold the rights to high School Teacher. Using fake Adoption Documents, the Obtained the right ring to Buy Apartments in Seoul and nearby Cities twenty-one. Police also charged 20 biological and nineteen "adoptive parents" for accepting up to 10 million Won in Each Case. AFP
Bethany Rawlins

Thermal Tech Inc. - Boiler Sales, Boiler Service and Boiler Room...thermal-techinc.com - 0 views

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    Thermal Tech Inc. has been active in boiler sales, service and support for over 35 years. We are ready to serve central Florida with all of your boiler needs! http://www.therma
Bethany Rawlins

News Center - Springhill Group Home Loans: Springhill Group: Medicare Dupery Bill Re-br... - 0 views

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    Source: Springhill Group: Medicare Dupery Bill Re-brought In (1888PressRelease) Uncovering medicare scams latest news articles for general public to use.

    U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries.

    According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies. It also facilitates real-time information sharing among law enforcement agencies to aid in uncovering and dismantling Medicare scams.

    "South Florida has been known as the epicenter of Medicare dupery for years," she said. "It is time we took the fight to those who seek to defraud Medicare and prey on our most vulnerable citizens. This bill not only raises the penalties for those who engage in Medicare fraud, but also sets up a pro-active paradigm that will help stem the tide of abuse in South F
faith piper

SPRINGHILL GROUP COUNSELLING-Aquatic therapist arrested on Medicare fraud charge | Care... - 0 views

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    http://www.care2.com/c2c/share/detail/3066734 SPRINGHILL GROUP COUNSELLING-Aquatic therapist arrested on Medicare fraud charge Jan 11, 2012 A Pompano Beach occupational therapist who used swimming to treat stroke victims and other patients has been arrested on a charge of falsely billing Medicare by $586,000, federal court documents show. Theresa Pantanella, founder of Florida Aquatic Therapy Visibility: Everyone Posted: Wednesday January 11, 2012, 3:12 am Tags: Springhill Group Counselling Springhill Group Counselling News Springhill Group Springhill Counselling business finance goodnews
kylie cassidy

isabelamber.blogspot | Springhill Group: Newsvine - Springhill group Home Loans and Dep... - 0 views

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    Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services.
hannah brooklyn

springhill group counselling | Tumblr - 0 views

  • SOUTH GROUP SPRINGHILL KOREA - Asia dominates the $4.4 billion ultrapure water market on Environmental Expert Asian purchases will account for 63 percent of the purchases of ultrapure water products in 2012. This is the latest forecast in Ultrapure Water World Markets published by the McIlvaine Company. (www.mcilvainecompany.com)
  • SOUTH GROUP SPRINGHILL KOREA - Dimplex's DuoHeat radiators could lower energy bills | Easier The DuoHeat radiators are revolutionary energy-efficient electric radiators. The slim, modern radiator ensures plenty of heat is available throughout the day whilst keeping costs down by using two automatically controlled heat sources. One source of heat comes from off-peak energy, which is retained at the heart of the heater and emitted throughout the day. The other source of heat, a low-wattage radiant element at the front of the radiator, is used only when necessary to retain your chosen room temperature.
  • carissaraman.com | Springhill Group: Medicare Dupery Bill Re-brought In (1888PressRelease) Uncovering medicare scams latest news articles for general public to use. U.S. Rep. Ileana Ros-Lehtinen, R-Miami, has reintroduced legislation that would double the amount of fines and incarceration for people in prison for Medicare fraud/scam. It also creates a new criminal offense punishable with a 10 year minimum sentence for those who intentionally sell or distribute the ID numbers of Medicare beneficiaries. According to the Springhill Group, the legislation also bars those who have been part of Medicare dupery in the past from billing Medicare if they switch companies.
  • ...6 more annotations...
  • Springhill Group - Begin with the Basics: Creating a Solid Investment Policy Spring Hill FL http://springhillgroup.livejournal.com/19220.html Most builders understand that laying a strong foundation is the key to constructing a good home. Do the job right and the structure will be stable. Do it wrong and it could collapse in Spring Hill.
  • Springhill Group Counselling | Tumblr http://www.tumblr.com/tagged/springhill-group-counselling New Zeus Malware Scam Promises Rebates, Security CSO — A new Zeus P2P malware variant discovered last week by security vendor Trusteer is attempting to scam users of some of the Internet’s most popular and trusted brands — Facebook, Google Mail, Hotmail and Yahoo — with promises of rebates and new security measures.
  • New Zeus Malware Scam Promises Rebates, Security CSO — A new Zeus P2P malware variant discovered last week by security vendor Trusteer is attempting to scam users of some of the Internet’s most popular and trusted brands — Facebook, Google Mail, Hotmail and Yahoo — with promises of rebates and new security measures. Slideshow: The Future of Malware
  • Apple’s Calls for Repatriation Tax Holiday Gain No Traction with White House – In The News - Springhill Group Counselling   With some two-thirds of its cash hoard housed overseas, Apple would like a tax holiday to allow it to move that money back to the U.S., but its pleas have fallen on deaf ears at the White House.   With $64 billion in cash remaining offshore, Apple executives said during a conference call on Monday that they have no plans to bring that money back to the U.S. because of taxes.
  • New Zeus Malware Scam Promises Rebates, Security CSO — A new Zeus P2P malware variant discovered last week by security vendor Trusteer is attempting to scam users of some of the Internet’s most popular and trusted brands — Facebook, Google Mail, Hotmail and Yahoo — with promises of rebates and new security measures.
  • SOUTH GROUP SPRINGHILL KOREA: China, Korea linked to pill scam | Bangkok Post: news | Dropjack SOUTH GROUP SPRINGHILL KOREA: China, Korea linked to pill scam | Bangkok Post: news Posted by honeybunny 7 hours ago (http://www.bangkokpost.com) Thailand is seeking help from China and South Korea to support its efforts to crack down on the smuggling of pseudoephedrine-based cold pills. 
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    Springhill Care Group :: Care2 Groups | SPRINGHILL GROUP http://www.care2.com/c2c/group/springhillcare Springhill Group Care - Providing for all levels of care, balanced with impressive facilities and exceptional staff. …golden age living and health care at its very best… At Springhill Care Group, our attitude is to exceed the expectations of our residents and their friends, that offer balanced with impressive facilities and exceptional staff. At Springhill Care Group, we firmly believe in safeguarding the interests of our clients and we pride ourselves on offering the most resident friendly environment. Springhill Group: Denish's Sharebook LIVING AND CARE OPTIONS http://www.valueinvestingnews.com/news-center-%E2%80%93-springhill-group-home-loans-america%E2%80%99s-choice-h America's Choice Home Loans announced the opening of Branch 1013, located in Newberg, Oregon. Managed by Jerry Holman, a long time veteran of the mortgage industry, the branch opened on October 20. "Please give Jerry a warm welcome and let him know he is a part of our family," says Jonathan Fowler, Director of National Production for the company. "Jerry, thank you very much for choosing America's Choice Home Loans. We appreciate you and your office and are here to make your lending career bigger and brighter than ever. You will find out why we are America's Choice Home Loans - Thank you very much and welcome." Being an expert in home loan and mortgage, Jerry will continue to concentrate on helping customers with their residential home loan needs. America's Choice Home Loan is continuously searching for experienced mortgage loan originators to join the company. Contrary to many in the industry who have been discouraged, scaled back or closed down completely, Mr. Fowler is unfazed. "America's Choice has the ability to expand, including the capacity for rapid growth. We have been positioning ourselves for this, and we're read
amber sanpedro

Personal Review Blog on Springhill Vellum Bristol Gold Available at Amazon.com - 0 views

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    I know that Bristol board is usually used for catalog and book covers, tickets, tags and printing brochures. But as a student of architecture and an avid designer, I use this kind of paper for my scale models (which, for those who are not familiar with the term, is a smaller physical version of something bigger, like a building or an automobile). I currently have several sets of two- and three-ply bristol papers that are used as walls of my scale models. One-ply is almost translucent so I rarely use them. Bristol, as it is commonly referred to, is a kind of paperboard which is ideal for tons of things and comes in a variety of colors. I love using Bristol paper because it's very versatile. I buy a whole bunch of them and stack them on my desk so I have something nice to use in various illustrations, technical drawings and even 2D art forms. Actually, illustration boards are also fine in such purposes but I find it impractical for you can only use one side of it. On the other hand, Bristol board have two working surfaces, so basically, you can use either or both sides. And because I normally use charcoal and crayon as my primary media form, vellum finish is more ideal for me. It has a moderate surface texture which is really apt for friction-based medium. Works well with pens, too! (But if you are more focused on using ink, choose the plate finish Bristol paper instead -- it's glass-like texture is better suited for ink.) The current brand I use is from Springhill Vellum Bristol. This Bristol paper works like a charm. And it's very accessible, even online. Just go to Amazon.com and search for Springhill Vellum Bristol Gold. One pack contains 5 sheets and weighs a total of 1 pound so it's not that costly even if you order online. Their gold colored is consistent all throughout the papers and it is the exact hue I needed, too! I also found out it worked nicely when used in promotional materials (when I once ran out of specialty paper for our theater p
katelyn williams

Bing News Center - Springhill Group Home Loans : Rates For Home Loans And Savings Could... - 0 views

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    Posted by Springhill Group Home Loans on 12/9/2011 9:55 PM The deteriorating situation in Europe has increased the chances of a December interest rate cut. Australian banks are coming under increasing pressure from the ensuing European debt crisis, and have become nervous about lending to each other because of their exposure to risky European debt. Consequently, there are concerns about the risks if the Reserve Bank does not cut interest rates, with the next opportunity not until February. The Reserve Bank Governor, Glenn Stevens, ramped up the pressure on European leaders to find a swift solution to the crisis, saying that "the damage to us and everyone else will be unacceptable". It is not immediately clear, though, whether banks will be so eager to pass on the full benefits of any such cuts to consumers. The recent interest rate cut saw every major bank reduce theirhome loan rates by the full 0.25% with the exception of NAB, who faced strong criticism for their decision to offer less. However, Australian banks are facing higher costs of funding due to the rising cost of lending across global money markets. It is suspected that these costs will be passed onto consumers by not passing on the full benefit of central rate cuts. Therefore, it is predicted that the Reserve Bank's committee will have to cut interest rates by a bigger margin if it hopes to see any monetary benefit reach consumers. One advantage for the consumer is the legislation meaning that home loans can now be transferred without exit fee, ensuring a greater level of competition between retail banks. It may be the right time to consider Which4U's current savings account rates, in case these are set to fall in the near future. Ashley King Monday, 28 November 2011 13:19 View News Archive
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