Quote:
Originally Posted by pegheneji
Babs, i beg which bank u they use my bank charged me 18% last Dec. with admin charge of 2% making it 20% and quarterly charge of 1%. i dont mind changing bank.
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Got the cash from First Bank this July.
I found the rate better than any offered to me previously by Stockbrokers which are all 20% or more. (declined the margin as I felt it was too stiff, even then stocks were on their high, and they limit one to selected stock list)
Looks like its better to take SALAD than margin.