Low Interest
Loans
Low interest rates may not be good for savers
but anyone taking out an unsecured personal loan has a wealth of cheap
offers to choose from.
Consumers in the UK are collectively losing £1.2 billion a
year in expensive personal loans because they don’t shop
around for the lowest interest rates, according to research by
Datamonitor and the British Bankers Association.
Borrowers would save themselves a considerable amount of
money by switching to lenders offering low interest rates for
personal loans.
Some of the lowest interest rates can be found online with
rates of around 6% APR. A low interest loan is
perfect for anyone looking to either consolidate their debts or
make that special purchase in the coming months
The table below summarises some of
the lowest rates available.
Low Interest Loan Rates
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