Personal loan rates shoot up 17%Jess BownUpdated The average interest rate paid by consumers wanting to borrow £5,000 via a personal loan has soared by 17% over the last two years.New research from Sainsbury's Finance shows that the typical rate paid has jumped from 10.67% in September 2008 to 12.45% this month.
Personal loan rates shoot up 17%Jess BownUpdated The average interest rate paid by consumers wanting to borrow £5,000 via a personal loan has soared by 17% over the last two years.New research from Sainsbury's Finance shows that the typical rate paid has jumped from 10.67% in September 2008 to 12.45% this month.