Home Owners Face Rising Costs due to the credit rating downgrade given to 3 of the biggest UK high street banks.
This will naturally have a knock on effect for customers, who will face rising costs to the interest of their mortgages rates, including business owners too.
The wholesale market for borrowing is simply becoming more expensive, meaning costs of being passed onto customers.
Notes : Instant Loans Direct are UK payday loan providers, who offer the lowest apr online
