We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
MSE News: Small loan rates at 11-year peak
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 ..."
0
Comments
-
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.7K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 259.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards