We don't need a credit splurge - just normal economic activity
Published 14/03/2016 | 02:30
Want a loan to renovate the kitchen, or replace the clapped-out washing machine?
Unless your credit record is shot - and many are in that situation after years of relentless financial assault and battery - then you should get one all right.
The problem is that you will pay through the nose for it, despite living in an era of 0pc central bank lending rates.