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Northern RockNewest Review: ... to pay back to anyone and eventual stability. Tomorrow I'm going to physically close my account at Northern Rock because savers and investors have now withdrawn 13 billion, much more than I realized. When no serious buyer came forward by Friday's deadline that suggested the Bank of England is not prepared to write off this huge loan, and so the Feb deadline is when the bank will be sold, ... more |
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by - written on 26/11/07 (Very useful, 192 readings)
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There's a saying that if you owe the bank £100 then it is you that's in trouble but if you owe £1000 then it is they who are in trouble, which is exactly the case with Northern Rock, regardless of Richard bloody Branson, which is also some sort of business proverb n less The U.K and U.S economy upturn in the nineties was based on the housing and credit industry, big business and consumers given the comfort of being able to get credit when they needed it, whether they could pay that money back or not, the minimum 3% a month option the solution to those particular worries, which most of us do. Capitalism relies on people buying crap they don't really want to ... Read the complete review
by - written on 04/05/06 (Very useful, 597 readings)
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I’ve been having some problems with Internet security and under advice I decided to move my almost insignificant funds from an Internet account into a more secure scheme. I thought of postal banking. My father bless his soul came up with Northern Rock. A building society that became a bank, it is now the 8th largest UK quoted bank by market capitalisation and in the FTSE 100 companies on the London Stock Exchange. Its size adds something to the security of banking here. I checked out the website at www.northernrock.co.uk . It offers a friendly and simple front end; the user interface becomes increasingly complex as you search for your specific product. The ... Read the complete review
by - written on 16/05/02 (Useful, 48 readings)
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We have had our mortgage with this bank for 30 months now and i couldn't be happier. They are nice to talk to we are always getting personalised mail explaining any new services any changes to their systems. In whole i have to say that Northern Rock are the best bank/ building society i have ever dealt with. If it weren't for the fact that you have to keep the account in a certain amount of credit and money has a tendancy to get spent when it is around me i would do all my banking through Northern Rock. They offer a great interest rate on Mortgages 4-6% fixed rates depending on what you want. On personal loans 8% on any amount. Everything can be ... Read the complete review
by - written on 02/01/02 (Very useful, 261 readings)
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Having taken the plunge and finally gone online with my HSBC current account I needed an online savings account. The idea of just transfering money online to my little slush fund appealed to me, after all I needed a safe home for all my new found ebay wealth! Also the thought of standing in a queue with a little passbook and the horror that is LT when she's BORED made online saving become even more attractive. Research was done - well OK I looked at the interest rates in the Observer one Sunday morning and opted for the Norwich and Peterborough B/S - well they had the highest interst rates! After a quick snoop around the site I realised I need to have ... Read the complete review
by - written on 03/09/01
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I am no fan of banks so will not go over the top - but NR are good! - Advantages: efficient, good product range - Disadvantages: none

