Banks raking in cash with ‘highest personal loan rates in a decade’
Banks are making record profits after hitting customers with the highest personal loan interest rates in almost a decade. Loan rates average 12.4 per cent, despite the fact the Bank of England base rate is at a 300-year low of 0.5 per cent. According to the Bank the amount borrowed rose by £ 52million – [...]
Filed under: Articles | No Comments »