Moneynet in The Press

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loan margins hit borrowers in the pocket

Published: 26/08/2009

Daily Express (Main)
Borrowers looking to raise cash with a personal loan can expect to be charged at least 10 per cent interest, according to new research.

 

Andrew Hagger at Moneynet.co.uk said: “Today’s situation is so different, where credit is tight, bad debts are rocketing and loan providers are far more cautious, but operating on a vastly increased margin.”
 

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