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MSE News: Small loan rates at 11-year peak

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MSE News: Small loan rates at 11-year peak

edited 30 November -1 at 1:00AM in Loans
1 reply 1.1K views
Former_MSE_HelenFormer_MSE_Helen
2.4K posts
edited 30 November -1 at 1:00AM 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 ..."
Read the full story:
Small loan rates at 11-year peak

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Replies

  • 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.
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