With talk of £300BN being used to insure banks bad debts it rang alarm bells because it’s one of the prime factors that has seen Western economies fall to their knees.
Do you know what a ‘Credit Default Swap’ (CDS) is?
It’s a bit like an insurance policy to protect against defaults on debts. But it’s not really [...]

This is a question that has arisen a few times and the answer appears to be, maybe not.
There are certainly options to consider before making the decision and those are:
Remortaging – As a homeowner, I can see that it makes the most sense to top up a mortgage to get at the equity neaded to [...]