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Spring clean finances with personal loans
A leading financial advice website has called on consumers to give their finances a spring clean by switching to the best personal loans and mortgages on the market.
Moneysupermarket.com has suggested that the best combination of personal loans, credit cards, insurance and mortgages could allow people to enjoy savings of up to £3,469 over the next 12 months.
On the issue of personal loans, the website suggested that while loan rates are at a high, some have started to drop in recent times.
Clare Francis, site editor at Moneysupermarket.com, said: "There are some really easy savings to be made, just by spending half an hour reviewing where you're at financially.
"It's easy to be complacent but some rates on products change quite regularly so literally, it really does pay to be vigilant."
Recent figures published by the Bank of England revealed that total net lending to individuals in the UK rose by £2 billion in January.