HIGH STREET BANKS RIPPING OFF CUSTOMERS ON PERSONAL LOANS - BUT STILL DOMINATE THE MARKET AS demand for personal loans continues to grow, new research from personal finance data analysts Moneynet.co.uk shows that High Street banks - which have around 80 per cent of the market* - are short changing their customers by charging uncompetitive rates.
Moneynet.co.uk is the UK's longest established online personal finance research and data analyst company. The company offers consumers a choice of thousands of low cost financial services products. From mortgages, personal loans to motor, home and medical insurance, credit cards, savings accounts and best buy fixed rate products, Moneynet is one of the most comprehensive online services of its kind in the UK. Founded by chief executive Richard Brown, the Moneynet brand is destined to become one of the UK's major players in consumer finance products.