The cost of borrowing money in the UK has hit an all time low and is nearly free. The BoE dropped interest rates to a record low of 0.5% today. Sadly this isn't quite as good as it sounds. The drop doesn't really help many people as most of the banks aren't passing this on in reductions in mortgages and ...
I've nearly had a heart attack. I've just learnt that the Bank of England have slashed 1.5% off the UK interest rates bringing them down to 3% - the lowest since 1955. Crap for your savings, but brilliant if you've got a tracker mortgage like Claire and me.
A colleague was browsing for loans on a popular price comparison website and happened to spot the following two CRAZY deals (the full results):
Who in their right mind is going to pay over 60% APR, let alone nearly 200%, when the lowest available is just 6.3% ?!
I know it's hard for some people to get credit, but here's ...
