Rip-Off Loan Penalties Cost £332m A Year

About 7 out of 10 of us pay off our personal loans early, yet this cost us a whopping third of a billion pounds last year in penalties. However, these charges may soon vanish.

This article has now been moved to lovemoney.com, where you will be able to find all our personal finance news and information as well as lots of new content, tools, services and much more. If you are not automatically redirected to lovemoney.com, please click the link below.

http://www.lovemoney.com/news/your-money/loans/2003/06/23/rip-off-loan-penalties-cost-332m-pounds-a-year.aspx