Are lenders loosening their purse strings?

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Are lenders loosening their purse strings?

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01-22-2010, 09:55 AM

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Are lenders loosening their purse strings?

Interest rates on personal loans are finally starting to fall.The average interest rate on the top ten loan deals has fallen to 8.35%, the lowest level since the Bank of England reduced the base rate to 0.5% last March.When the Bank of England first lowered the base rate, mortgage and current account providers followed suit, [...]

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