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Thursday, August 12, 2010

What rate will you get?

Rob Lawrence, national manager of Rawson Finance says that:"The position of the average bond applicant,is that 45% will still find their applications rejected and those that are approved can count themselves fortunate if their bonds are awarded at 0,5% or 0,75% below prime. High-risk applicants – those with a poor debt or employment record – may well find themselves paying 1% to 2% above prime."

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