2. Personal rates are falling! The gauntlet has
been laid down by Derbyshire building
society, Sainsbury's bank and Tesco bank
each offering their fixed rate medium term
personal loan at 6% less.
these rates are reserved for those with
immaculate credit history. Anyone with
missed payments, defaults or court orders
will be declined.
3. Payday loans are an united kingdom
concept that has been growing fast in the
American market over the last ten years.
payday loan lenders generally offer up to
£500 and are designed to be repaid in full
at the borrowers next payday. Recently
criticized because of their high rates of
APR
and
opportunistic
marketing
strategies.