Credit crunch hits personal loans as banks tailor rate rises
Saturday, October 20th, 2007The cost of personal loans has increased sharply following interest rate rises with many customers now being denied standard advertised rates.
Banks and building societies have been using “personal pricing” with higher-risk customers paying more interest.
A survey of lenders and their rates, by consumer website USwitch.com, found loan rates have increased by 12 times the rise […]
