Loan Costs Are Set to Keep On Climbing

Daily Mail › November 29, 2006

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Summary

BORROWERS considering taking out a personal loan have been urged to act now before rate rises take hold.

This week three of the most competitive loan providers - AA Financial Services, Moneyback Bank and Northern Rock have all hiked their typical rates. It means that there are only seven banks offering personal loans with a typical rate of less than 6pc, says comparison website USwitch.com.

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Extract

Loan Costs Are Set to Keep On Climbing

AA increased its typical APR for ...

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