Borrowing On The Never-Forever

The plight of the Liverpool couple who borrowed £5,750 only to find their loan ballooning to £384,000 is a warning to us all. Here's what happened and how to avoid it.

This article has now been moved to lovemoney.com, where you will be able to find all our personal finance news and information as well as lots of new content, tools, services and much more. If you are not automatically redirected to lovemoney.com, please click the link below.

http://www.lovemoney.com/news/property-home/mortgages/2004/10/26/borrowing-on-the-never-forever.aspx