Green bank loans
Friday, June 29th, 2007Lately I’ve noticed Green bank loans on the rise and Steve, a Greenfoot reader, recently emailed me a link to the company he works for called Sportzmortgage, which provides a green mortgage called Green options.
He says that for every Green Options mortgage settled, Sportzmortgage contributes an initial donation to a registered carbon offset provider, followed by an ongoing payment for the life of your loan. For every $100,000 of loans settled, Green Options plants 25 trees via an accredited carbon offset provider. Planting continues at the rate of 20 trees per year per $100,000 of loans settled for the life of the loans.
Interested? Check out the website. Has anyone ever gotten a green loan before? If so let us know your thoughts.

Lately I’ve been battling the dreaded lurgy so I apologise for my sparse postings.
I don’t usually blog about products that we can’t get here in Australia but being a bit of a recycling junkie I just can’t resist this one. And who knows, maybe one day it will be available in Australia.
