Loans Companies
Loans Articles

Cheap Loans UK

Are the good times here to stay?

When it comes to cheap loans UK customers are spoilt for choice: interest rates are at an all-time low, and it's never been easier or cheaper to borrow cash. However, experts predict that today's ultra-low rates can't last forever, and that rate rises will arrive sooner rather than later.

With cheap loans UK customers have never had it so good: interest rates are at an all-time low, and as a result the cost of all kinds of borrowing – overdrafts, credit cards, personal loans, homeowner loans and so on – is cheaper than ever. However many experts believe that the good times can't last forever, not least because the credit boom means the typical UK customer has already run up massive debts. They predict that rates will increase, which means variable rate borrowing could soon become more expensive.
If you're worried that the cheap loans UK lenders currently offer are likely to become more expensive, it's a good idea to look at your finances and replace variable rate borrowing with something more predictable. For example, your credit cards have a variable rate so if interest rates rise, so will the repayments on your outstanding debt. If you take out a cheap loan to pay off that debt, the payments are fixed at the beginning of the loan period so you can be sure that your repayments will stay the same no matter what happens to the Bank of England base rate. helps you find the best loans companies for your specific needs, and gives you background information on the various types of loans available in our loans articles, more loans articles and still more loans articles.

If you can't find what you want on, be sure to check our loans homepage.