Borrowers don't grasp the maths of unsecured loans - Loans - News - Moneyfacts

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Borrowers don't grasp the maths of unsecured loans

Borrowers don't grasp the maths of unsecured loans

Category: Loans

Updated: 26/11/2008
First Published: 21/11/2008

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Poor maths skills have been cited as a possible reason for people to find themselves in financial difficulty.

Online education company

And he added that credit card rates of 15 per cent per annum can quickly mount up without the consumer realising.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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