Thursday, August 13, 2009

Reserve Bank Reduces the Interest Rate

Today the South African Reserve Bank decided to cut it's lending rate by 50 basis points, or a half a %.

This is excellent news for heavily indebted South Africans struggling to service their monthly bills, including credit cards, personal loans and mortgages.

Now is the ideal time to consolidate your higher interest debt into your bond. For more information about debt consolidation, please visit our site on: http://www.globalproperty.co.za

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