Lenders To Ignore The Drop

November 10, 2008

While millions of home owners will be benefiting from the recent 1.5% rate cut, credit card holders look unlikely to expect there repayments to fall.  According to financial data firm Moneyfacts although the Bank of England have dropped interest rates to 3% they can expect to pay the average APR% which is around 5 times that figure. Read more

Tags: northern rock, interest rate, yorkshire building society, platinum credit cards, Co-operative Bank, Credit Cards

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