Secured loan rates reach record highs
Monday, December 15th, 2008Research carried out by price comparison site MoneySupermarket.com found that interest rates on secured loans have hit all-time highs.
The study found that the average interest rate paid on a £5,000 loan has increased from 7.29% in September to 8.44%.
Warnings have been issued by experts to consumers, advising caution when considering a secured loan to help [...]
