A recent study by market analysts Moneyfacts.co.uk have let a rather surprising cat out of the shopping bag. According to their latest figures, for an unsecured loan of £10,000 over a five year period, three out of six of the cheapest interest rates on offer were from UK supermarkets. With Marks and Spencers entering the fray last week, dropping their rate for similar loans between £7,500 to £15,000 over the same period to an inflation-like rate of 6.0%, it made lending figures the lowest for almost five years. You have to go back to early 2007 to find a recorded lower rate, when you could have picked up a like-for-like
When you’ve got bad credit and encounter a financial emergency that could have otherwise been solved by a traditional loan, it can be a nightmare to find an alternative, but firms offering no credit check short term loans are available for your immediate needs.