There is no guarantee that you will get all your money back, or all outstanding interest, if the Company or the Guarantor becomes insolvent. Providence Bonds are not protected against loss by the Financial Services Compensation Scheme.
what exactly are you investing in here ? and who is the Guarantor ?
seems to good to be true and sounds like a flagging insurance company needing some more chickens to prop the failing pansy scheemers up but am a cynical cant ,8.25 when you cant get half that elsewhere ....a need chit chats finest financial wizards on such things ,as long as the munee is invested in the arms/drugs trade am fine with it but doubt anything else would deliver .
There is no guarantee that youwill get all your money back, or alloutstanding interest, if the Companyor the Guarantor becomes insolvent.Providence Bonds are not protectedagainst loss by the Financial ServicesCompensation Scheme.what exactly are you
The higher the interest the higher the risk. If the investment was safe they would be flooded with investors. That's all you need to know.
This one operates like this: The company buys the invoices of companies that are owed money at reduced rates. For example they buy a £100,000 debt for £90,000.
They then have to chase the original £100,000 from the company that owes the money. The risks are obvious.
The higher the interest the higher the risk.If the investment was safe they would be flooded with investors. That's all you need to know. This one operates like this:The company buys the invoices of companies that are owed money at reduced rates. For