Finance Questions Answered:

Archive for March, 2010

Mortgage Finance Uk

mortgage finance uk
Question: Has anyone heard of Norton Finance?

I live in the U.S and applied for a mortgage by Norton Finance in the UK have to pay the fee's via WESTERN UNION MONEY TRANSFER to Mark S.
Norton House, Mansfield Road,
Rotherham, S60 2DR
United Kingdom
I don't know if this is quit common in the UK .Normally I send it to the company it self......

Answer: You are about to be SCAMMED.

"Norton Finance" is probably a 17 year old kid sitting in an internet cafe in Lagos, Nigeria. This is a typical "Advance Fee Scam". You pay them a fee in exchange for something in return. In this case, a mortgage. The problem, he has no intention of giving you the loan as he is just a Scam artist.

Don't send the money!

For your information, no legitimate mortgage lender in the UK would lend money in the US.

Sir Iqbal Sacranie: Islamic Finance in UK (Part 1)


Personal Finance Statement

personal finance statement
Question: Any idea personal loan interest rates on coming down in india?

recently finance minister made a statement to banks to reduce the interesr rates.By this banks already reduced by house loans by 50-100 basic points.

Any idea on interest rates coming down for personal loans

Answer: quite hopeful shoud come down by abot 0.75 to 1 %

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