loans and credit cards

Personal loans soar to highest rates since 2013

14th December 2022 Consumer Lending | #loans and credit cards

Analysis of the latest Bank of England data on average quoted household rates1 from Freedom Finance has shown that the cost of borrowing continues to accelerate placing further pressure on household budgets. Following significant increases in the cost of personal loans in October, this trend continued in November with both £5,000 and £10,000 loans posting…

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loans and credit cards

Personal loans soar to highest rates since 2013

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