Doom, gloom and more doom. That’s pretty
much what every financial section in every
paper and on every website is screaming at
the moment. Thanks to the credit crunch,
headlines now cry Rise in UK firms forced to
close (BBC News, 7 April 2008), Credit crunch
‘could last years’ (The Guardian, 11 March
2008) and Loan sharks circle in the credit
crunch (The Times, 30 March, 2008).
And the news gets worse day by day, with
banks hoarding their cash and becoming
much choosier about who they lend to.
These past few weeks have possibly been
some of the worst for home-buyers and
home owners alike, as the news filtered
through that First Direct had announced it
was closing its doors to new customers. It
was swiftly followed by reports that the last
100% mortgage on offer has been scrapped,
as Abbey took its loan off the market after
similar decisions by its rivals.
And it’s not just those looking to buy who
may have their plans scuppered. Millions of
borrowers in the UK are looking at a
marketplace that has closed for business as
opposed to the norm of being swamped with
offers of credit. This has left a huge amount
of people scrabbling around to find an
affordable deal and struggling to pay their
monthly bill.
To make matters even worse, the International
Monetary Fund has issued research to suggest
that residential property in the UK is
overvalued by as much as 30% meaning the
collapse of house prices are imminent.
Doesn’t sound good, does it? However, if
you’re a Kleeneze Distributor, you’ve little to
worry about.
Thanks to the flexibility of earnings you can
get from Kleeneze, whether you want to pay
off that credit card debt or pay off rising
mortgage costs, you can literally pick the
income you need and avoid the bite of the
credit crunch. With facts and figures such as
the ones below, it’s unsurprising that
borrowers are now looking for new ways to
earn cash.
Only recently, the Direct Selling
Association (DSA) predicted a 10% rise in the
number of direct sellers in 2008; for Kleeneze
the future is looking bright.
