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Home Site MapLink to UsResourcesArticlesContact UsPersonal LoanSecured Personal LoanUnsecured Personal LoanBad Credit Personal LoanBad Credit Unsecured LoanUnsecured Debt Consolidation LoanCheap Unsecured LoanINTEREST RATES MOVE NORTHWARD IN EUROPE!4 March 2006The central bank of Europe on 2 March increased the rate of interest by 2.5% Move was primarily aimed to curb inflation as the economy is on the verge of a comeback after the recent sluggish behavior. Most observers reacted with caution on the recent hike. The general opinion being that a hike at this moment of time could jeopardize the economic growth of the euro zone. It is also observed that it would also lead to a corresponding decrease in loan applications. The onus now fairly falls on the lenders to make clear there rate of interest. As European Union & UK are like Siamese twins separated at birth any change in interest rates in main land Europe would surely have its effect on the rate prevalent here in UK. So if you are thinking of availing a personal loan, act now or be prepared to payback at high rates. Back To News Page
Secured Loans: TYPICAL 13.55 % APR VARIABLES : Our rates vary from 7.9% APR Variable to 19.9% APR Variable. The highest rate is for customers with severe credit problems.Unsecured Loans: TYPICAL 19.9 % APR VARIABLE : Our rates vary from 7.4% APR Variable to 41% APR Variable. The highest rate is for customers with severe credit problems. More News… Glossary | Terms and Conditions | B2B Partners | Privacy policyConsumer Credit License No: 547864 / Data Protection Act No: Z8587566 Copyright © 2005 Shakespeare Finance Ltd. All rights reserved www.go4ukloans.co.uk is a trading style of Shakespeare Finance Limited which is FISA registered.THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. ALL LOANS ARE SUBJECT TO STATUS.