Quote Originally Posted by Andrew View Post
Banks could be more competitive don't you think? They are able to mark up loans with very high interest rates with little competition and rake in some serious profits. I would like to see more alternatives to the big banks high rates
Banks have been the main way to get started with loans and that kind of thing. These very low interest rates are not by the banks but by the central bank. I think it is a bad sign for the economy to have the interest rates this low. Who knows what could happen from here on out.