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The Independent UK
The Independent UK
Business
Vicky Shaw

‘Personal loan and credit card rates on the rise’

Rachel Springall Moneyfacts
PA Archive

Average credit card and personal loan rates are on the increase as households grapple with the rising cost of living, according to a financial information website.

Across the credit card market, the average purchase APR (annual percentage rate) in June is 26.7%, Moneyfacts.co.uk said.

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