November 2019 News Archive

Parents thinking about opening a children’s savings account are being urged to act quickly as rates on these accounts could start to fall

Parents thinking about opening a children’s savings account are being urged to act quickly

With just five weeks until Christmas Day and the shops already full of Black Friday deals, time is running out to get all the Christmas shopping done

With just five weeks until Christmas Day and the shops already full of Black Friday deals, time is running out to get all the Christmas shopping done

With Christmas adverts already on TV and just over two weeks until Black Friday, the festive shopping season has already begun, however consumers are being warned that if they use credit cards to pay for their Christmas shopping they will have less time to pay off debts

As the festive shopping season has begun, consumers are warned they will have less time to pay off debts if they use credit cards

According to the latest data from Moneyfactscompare.co.uk, the average monthly interest rates for bridging loans have reduced from just under 8% since the start of the year and now. Rates have dropped from 0.798% per month to 0.736%. During the past 11 months, only one bridging lender has increased its rates, while there have been eight rate reductions. The analysis included between 40 and 46 providers during the year.

According to our latest data, the average monthly interest rates for bridging loans have reduced from just under 8% since the start of the