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MSE News: Small loan rates at 11-year peak
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Former_MSE_Helen
Posts: 2,382 Forumite
in Loans
This is the discussion thread for the following MSE News Story:
"Moneyfacts blames the hike on the increased risk of people defaulting on loans, as household finances remain stretched ..."
"Moneyfacts blames the hike on the increased risk of people defaulting on loans, as household finances remain stretched ..."
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Comments
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For every action, there is an equal and opposite reaction.
There were bound to be consequences for all those borrowers frantically closing bank accounts, opening new accounts to prevent the lenders getting their money back... this is it.
All the innocents will be further punished once the banks start recouping all the PPI reclaims.0
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