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In some "no cost" or "low cost" deals now being offered, borrowers get a higher interest rate and the bank assumes the closing costs.
As millions of people unwittingly do this, we, the non Plaxo users, are hit with a massive aggregate cost: dealing with all of this spam.
Meanwhile at my gym, I now qualify for a low-cost deal because I'm over 55.
Should it be a fixed-cost deal (where all unexpected savings go to the outsourcer) or a joint venture, giving each partner a stake in success?
Especially given that a million could cut their bills by up to £300 a year simply by switching to a new and lower-cost deal.
Mark Todd, who runs energyhelpline.com, recommends Ovo – which has a low-cost 12-month fixed tariff and tends to offer another low-cost deal at the end of the term – and the Co-op's "Pioneer" tariff.
It might not be attractive to offer a low-cost deal in the sun in a shabby hotel with drunken yobs meandering along the corridor in the early hours, but at least there would be less cause for complaint afterwards.
While it was not entirely unexpected for Roche to acquire Flatiron Health, this high-cost deal has surprised many people, as the value proposition of this deal is unclear.
There's a seaside place in the eastern part of India; we found a low-cost deal at a hotel, locked ourselves in, and for seven days we just focused on first discussing and then documenting the mission, vision and the core values of the company.
Even if you have to pay 71/2% or 75/8% for a no-fee, no-closing-cost deal on the new first mortgage, you're still going to save more than $150 a month out of pocket, and it will be all tax deductible to boot.
It is understood that this temporary low-cost dealing option will remain open until early November.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com