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Moneyfacts pick of the week

Caitlyn Eastell

Press & PR Executive

Published: 24/07/2025

Last updated: 24 July 2025 at 09:10

The Moneyfactscompare.co.uk Pick of the Week showcases the best of the latest products or rate changes to hit the consumer finance market, ranging from mortgages to savings accounts. This week I've analysed the following deals, along with their perks.

Cost of credit card borrowing rises to record high

17th June 2025

Credit cards have become more expensive, but borrowers can avoid paying interest by taking advantage of longer interest-free credit card offers.

Tips for tackling the rising cost of living

1st May 2025

With many struggling with rising costs, are you doing enough to maximise your money? Read on to discover tips to help organise your finances.

Choice of credit card and loan providers drop to record lows

23rd September 2024

The number of loan and credit card providers dropped during the third quarter of 2024, while average interest rates increased. See what this could mean for you.

Interest rates on credit cards rise to new high

25th June 2024

Credit card interest rates continued to rise in 2024 while the number of interest-free deals stalled. Find out what this means for borrowers.

Average cost of borrowing on loans and credit cards edges higher

28th March 2024

The average APR on unsecured loans and credit cards rose in the first three months of 2024, while the number of lenders and card providers fell.

Revealed: Winners of the Moneyfacts Consumer Awards 2024

8th February 2024

Financial professionals from across the industry gathered at the Royal Lancaster London to hear Tim Vine reveal the results.

Borrowing costs on the rise

28th September 2023

According to our latest data trends at Moneyfacts , the average credit card purchase APR (which includes card fees) rose to an all-time high of 31.8% APR this month. The average rate on a £10,000 loan has also risen and now stands at its highest point in over 10 years.

Latest data trends at Moneyfacts found the average credit card purchase APR (which includes card fees) rose to an all-time high of 31.8% APR this month.

Average unsecured loan rates highest in six years

26th September 2022

The average rate for a £7,500 unsecured loan for five years stands at 5.6%, its highest point in over six years. This was in January 2016, when this figure stood at 5.7%.

The average rate for a £7,500 unsecured loan for five years stands at 5.6%, its highest point in over six years.